Wind industry deals with blowback from Orsted scrapping 2 wind

Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent industry.

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Ørsted cancels two US offshore windfarm projects at £3.3bn cost, Wind power

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Wind industry deals with blowback from Orsted scrapping 2 wind power projects in New Jersey

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Wind industry deals with blowback from Orsted scrapping 2 wind power projects in New Jersey

Orsted exits several offshore wind markets, pauses dividend