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".
Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's first offshore wind project on Thursday, despite Shell's recent $1 billion write-off related to the venture.
BALTIMORE -- An executive order issued by President Trump could threaten an offshore wind project in Maryland. The measure put a temporary halt on new federal leases, permits and loans for both offshore and onshore wind development projects until his administration conducts an environmental and economic review.
The project is estimated at 30 billion zlotys ($7.4 billion) and is a key part of Poland's energy transition strategy. The groundbreaking ceremony was attended by Poland's Prime Minister Donald Tusk,
Danish technical consultancy firm K2 Management (K2M). “The 2028 completion of the first offshore wind sounds aggressive but it is also doable, but that does require all the stakeholders to closely collaborate (to achieve) the 2028 targets,
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.
The president’s order has no immediate effect on offshore wind leases already authorized, including two large areas off California’s coast. But it sends a current of uncertainty through the fledgling renewable energy industry,
Trump backed up his pledge to throw up barriers to offshore wind power by immediately withdrawing "from disposition for wind energy leasing all areas within the Offshore Continental Shelf." The order describes the withdrawal as "temporarily" preventing ...
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.
The Japanese government on Wednesday announced a revision of its rules for offshore wind power auctions as the sector globally grapples with delays and soaring expenses driven by tight supply chains and inflation.
Customize Consent Preferences According to the UK government, ministers are streamlining the consenting process to accelerate the construction of offshore wind projects. As set out in Chancellor Rachel Reeves' growth speech,
Atlantic Shores has committed to deliver New Jersey’s first offshore wind project despite Shell’s $1bn write-off related to the venture.