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Danish wind giant s abysmal 3 months have a lot to do with America, the most painful part of its portfolio

Danish wind giant s abysmal 3 months have a lot to do with America, the most painful part of its portfolio
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New Jersey Approves Offshore Wind Projects with Over 3,500-MW Capacity

The 2,400-MW Leading Light Wind Project and the 1,342-MW Attentive Energy Two Project are the first wind farms approved by the state this year.

New yorkUnited statesNew jerseySeaside heightsLong islandTim sullivanPhil murphyWes jacobsHolding gmbAttentive energyAvangrid incCorio generation ltdJersey economic development authorityMw attentive energy twoTotalenergies renewables united statesLight wind project

WindAction | Renewables posterchild Ørsted will struggle to restore its battered reputation

Falls from grace are especially painful for companies once celebrated as the gold standard. Danish wind developer Ørsted should know. The market value of this darling of the renewables sector soared to more than $82bn in 2021. It was held up as a model for how a former oil and gas specialist could transform itself. Ørsted’s worth has since withered, down to less than a third of that heady peak, after the company last year scrapped two US offshore wind projects and booked DKr28.4bn ($4bn) of impairments.

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Vineyard Put Onstream, Empire 2 Canceled in Mixed Start to US Wind

After a challenging year for offshore wind in the US, the country saw a mixed start to 2024 with the coming onstream of the Vineyard Wind project but the t.

United statesCape codNew jerseyNew yorkLong islandNovember orstedAmerica tim evansPedro azagraMaura healeySarahk peakeAvangrid incNuscale power corpVineyard windEmpire windCopenhagen infrastructure partnersMassachusetts governor maura healey

Vineyard Wind begins sending energy to New England s grid

Wind power from south of Martha’s Vineyard was delivered to the New England grid late Tuesday night a step Governor Maura Healey hailed as “a historic moment for the American offshore wind industry.”

United statesRhode islandLong islandPedro azagraAmanda barkerGreen energy consumers allianceNational renewable energy laboratorySouthcoast windCommonwealth windNew york on wednesdayEmpire windNational renewable energySouth fork windVineyard windMads nipper