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Danish wind giant Orsted replaces its CEO
Orsted replaces CEO as offshore wind industry struggles
Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in its share price since its 2021 peak.
Offshore wind power giant Orsted changes CEO
Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector faces an "increasingly challenging situation".
Orsted Replaces CEO as Wind Industry Faces Challenges
The company said it is parting ways with Mads Nipper as it grapples with supply-chain bottlenecks, high financing costs and President Trump’s opposition to wind power.
Trump orders suspension of new offshore wind power leasing
President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.
Orsted CEO Steps Down After Failing to Turn Around Wind Firm
Mads Nipper will step down as chief executive officer of Danish wind developer Orsted A/S after a series of significant writedowns over the past few years.
Wind farm giant Orsted’s chief executive quits
The Danish company is behind many of the UK’s offshore wind farms but has struggled with rising costs in other countries.
2h
on MSN
Trump executive order may leave California offshore wind projects up in the air
The Golden State is counting on 25 gigawatts, or about 13% of its electricity, from offshore projects by 2045.
18h
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's ...
2d
Maryland offshore wind project at risk after President Trump's executive order
BALTIMORE -- An executive order issued by President Trump could threaten an offshore wind project in Maryland. The measure ...
18h
Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.
Santa Rosa Press Democrat
6d
President Trump’s order won’t halt California’s offshore wind leases. But will it derail the industry?
The president’s order has no immediate effect on offshore wind leases already authorized, including two large areas off ...
1d
Maine’s offshore wind ambitions: Big ideas tempered by setbacks and competition
Maine’s formal interest in developing ocean wind energy dates back to 2008, when former Gov. John Baldacci created an Ocean Energy Task Force to devise a strategy.
USA Today
9d
Trump order puts chill on offshore wind. What does that mean for Massachusetts projects?
Trump backed up his pledge to throw up barriers to
offshore wind power
by immediately withdrawing "from disposition for ...
MassLive
13d
Offshore wind project to power over 840,000 Mass. homes approved by feds
the nation’s eleventh commercial-scale
offshore
wind
energy project, which will
power
more than 840,000 homes,” ...
Power Technology
5h
Atlantic Shores commits to New Jersey wind project despite Shell’s write-off
Atlantic Shores has committed to deliver New Jersey’s first offshore wind project despite Shell’s $1bn write-off related to ...
4h
Denmark to halt offshore wind tenders to revamp subsidy model
Denmark will halt all ongoing offshore wind tenders as the existing framework where no subsidies are offered does not work ...
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