Wind Power Takes $5.6 Billion Hit in the U.S. as 0rsted Scraps Two Projects
November 03, 2023
November 03, 2023
CLEVELAND, Ohio, Nov. 3 -- EcoWatch posted the following news:
By Cristen Hemingway Jaynes
Multinational energy company 0rsted has stopped development on two offshore wind projects in the U.S., saying impairments related to the projects could be as high as $5.58 billion, reported Reuters.
The 2,248-megawatt projects, Ocean Wind 1 and 2, are located in New Jersey.
Stock for Danish firm 0rsted, the largest offshore wind developer in the world, fe . . .
By Cristen Hemingway Jaynes
Multinational energy company 0rsted has stopped development on two offshore wind projects in the U.S., saying impairments related to the projects could be as high as $5.58 billion, reported Reuters.
The 2,248-megawatt projects, Ocean Wind 1 and 2, are located in New Jersey.
Stock for Danish firm 0rsted, the largest offshore wind developer in the world, fe . . .