French cable manufacturer Nexans SA has announced the sale of its US subsidiary AmerCable to Canada’s Mattr Corp for $280 million (€259.9 million). Arkansas-based AmerCable, operational…
Browsing: Revolution Wind
Orsted, the Danish offshore wind and renewables developer, has reported a substantial profit of Dkr5.1 billion (€683 million) for the third quarter of 2024, recovering from…
Global Infrastructure Partners’ (GIP) Skyborn Renewables has acquired a 50% ownership stake in Orsted’s 704 megawatt (MW) Revolution Wind project, which is currently under construction off…
The United States is poised to invest $65 billion in offshore wind projects by 2030, a move expected to generate approximately 56,000 domestic jobs, according to…
Orsted has achieved a significant milestone with its Revolution Wind project off the coasts of Connecticut and Massachusetts, despite facing legal challenges. The company confirmed the…
Danish offshore wind developer Orsted A/S and Louisiana-based shipbuilder Edison Chouest Offshore (ECO) marked a significant milestone on Saturday with the christening of the first American-built…
OEG Renewable Energy (OEGR) has entered into a multi-year framework agreement with Orsted, a prominent player in the offshore wind industry, aimed at supporting Orsted’s Northeastern…
Eversource Energy has reported impairment charges in its fourth-quarter 2023 earnings, stemming from its interests in joint ventures with Orsted involved in the development of the…
Offshore wind projects surged to a historic milestone in 2023, with a remarkable 12.3 GW securing final investment decisions (FID), a substantial leap from the meager…
The Bureau of Ocean Energy Management (BOEM), a key arm of the Department of Interior (DOI), has granted approval for the Construction and Operations Plan (COP)…
Eversource Energy, a prominent New England utility, is on the verge of finalizing an agreement to divest its 50% stake in a substantial 1.8-Gigawatt (GW) portfolio…
The cancellation of two major offshore wind projects in New Jersey has cast a shadow over the emerging U.S. offshore wind industry, posing a potential threat…