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Home » News » Wind Energy » Orsted Reduces Investment Plan by 25% Amid US Offshore Wind and Market Challenges
Wind Energy

Orsted Reduces Investment Plan by 25% Amid US Offshore Wind and Market Challenges

By Willow SnyderFebruary 6, 20253 Mins Read
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Orsted, the Danish renewable energy developer, has revised its investment strategy for the remainder of the decade, cutting its planned spending by approximately 25% to address challenges in its US offshore wind projects and other market factors. The company now plans to invest between €28.2 billion and €30.8 billion (Dkr 210-230 billion) through 2030, a

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Previous ArticleKongsberg Maritime Unveils Solutions to Enhance Floating Offshore Wind Turbine Installation
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