ATLANTIC CITY, N.J. (AP) — Danish wind farm developer Orsted will pay New Jersey $125 million to settle claims over the company's cancellation of two offshore wind farms last year — a little ...

CAPE MAY COUNTY, NJ. - Cape May County has successfully concluded state and federal litigation concerning the now-defunct Ocean Wind One offshore wind project by Danish energy company Orsted.

Orsted, which is building the land-based cable ... on future projects planned for the waters between New York and New Jersey, for which leases have already been issued but which will need federal ...

With 9.9 gigawatts of gross offshore wind capacity and 5.3 GW of net capacity at the end of 2024, Orsted is the leader in offshore wind, an industry that it pioneered in the 1990s. With around 80% ...

Orsted A/S shares dropped almost 10% on the first day of trading since President Donald Trump’s administration ordered another developer to halt construction of a wind farm off the US coast.

Two Shell veterans have joined Orsted's top team as chief executive Rasmus Errboe puts his stamp on the Danish offshore wind company. Orsted announced on Wednesday that it is expanding its group ...