Energy Inflation-hit offshore wind industry still ‘recalibrating’, says Orsted executiveDuncan Clark, head of Orsted’s operations in Britain and Ireland, said governments needed to respond to the inflation crisis hitting the sector
BP Exclusive Statkraft’s Laois wind farm becomes fifth project hit with judicial review this yearEnergy giant confirms proceedings have been launched against wind farm which will have the capacity to power almost 40,000 homes
Stock Take Analysis: Ørsted’s woes show the stock market is no place for wind energy firms to growØrsted has announced a major cost-cutting plan and suspended shareholder dividends as it contends with the hefty losses its suffered over the last year
Energy Orsted ‘remains committed’ to Irish offshore wind market despite colossal cost cutting programme The Danish energy company said it will continue to progress its joint venture partnership with ESB to develop up to 5 gigawatts of offshore wind here
Energy Orsted shares slump after Danish energy giant suspends dividends and cuts 800 jobsThe Danish wind power company has announced a major cost cutting drive after it was forced to book huge multibillion-dollar write-downs last year
Energy Revealed: Further blow to renewable energy sector as slew of wind farms hit by judicial reviewsThe four projects have the capacity to produce almost 360 MW of clean energy - enough to power close to 270,000 homes
Energy Danish wind energy titan Ørsted pitches investors a new vision after calamitous 2023Ørsted abandoned US projects and dismissed two of its senior management team in a disastrous 12 months for the Danish renewables powerhouse
Energy Danish energy giant Orsted to signs off on new Tipperary wind farmThe multinational energy company secured a state-backed support contract for the Farranrory wind farm in the most recent renewable energy auction
Energy Big Read: Ill wind of inflation is blowing through the offshore energy sector With major projects being scrapped and others becoming unviable, the offshore wind energy sector is at crisis point
Energy Climate targets set to be blown off course as turbine costs soar Rising development inflation and planning delays put half the country’s offshore wind pipeline in jeopardy
Planning Planning authority green lights mega Cork wind farm to power up to 80,000 homesAn Bord Pleanála grants permission for 22 wind turbines and storage battery in Coom Green Energy Park
Energy Top executives stand down from embattled wind farm giant Orsted Danish-headquartered firm has a number of projects in Ireland but has abandoned strategic developments in the US
Energy Northern Irish Plaswire teams up with Ørsted to recycle wind turbine bladesAccording to Statista, wind farm waste will amount to over 6.5 million metric tonnes across the globe by 2049
Energy Orsted scraps plans for two massive offshore wind farms in New York due to soaring costsThe Danish energy giant made the announcement as it booked a €3.8 billion impairment charge on the floundering US projects
Energy Wind energy supply chain ‘cannot cope’ with drive for lower prices as inflation ramps up input costs Philip Cole, a senior renewable energy executive, warns developers are starting to walk away from projects due to focus on pricing
Energy Ørsted wins Carlow and Tipperary contracts in RESS-3 auctionDanish renewable energy firm hopes to deliver both projects before 2030
Energy Energy leader says offshore wind having a ‘special moment’Top executive for Danish renewables giant Orsted says Ireland can catch up with world market if it moves on building infrastructure