Ørsted said it is cutting its investment program to 2030 by 25%, as the offshore wind industry struggles with rising costs ...

Mads Nipper, who has led multinational energy giant Ørsted since January 2021, will be replaced by Rasmus Errboe, the current ...

Villagers say a solar farm the size of Beverley is just “too big” and the East Riding is being “swamped” with similar developments.

Ørsted’s board of directors has approved significant adjustments to the company’s business plan and what it described as ...

CEO Rasmus Errboe outlined a strategic shift to prioritize offshore wind projects in regions with favorable frameworks, while reducing long-term investment plans by 25%. He noted this disciplined ...

Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations.

Danish energy company Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations. The company attributed the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ørsted is slashing investment and dropping its targets for developing new renewable energy as part of a ...

COPENHAGEN - Danish energy company Ørsted A/S announced adjustments to its business strategy with a reduced investment program aimed at strengthening its capital structure. The company's board ...

CEO Mads Nipper will step down and Rasmus Errboe, current deputy CEO and CCO, will assume his position with the company.

Companies that once committed to investing in U.S. offshore wind infrastructure and supply chains are now scrapping their ...

Today, Ørsted’s Board of Directors has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group President and CEO of the company replacing Mads Nipper who will step down ...