Orsted

Orsted Cuts Profit Outlook as $9.4 Billion Rights Issue Vote Looms

ByAmna Habib

The global renewable energy leader Orsted is facing turbulent financial waters as it prepares for a crucial $9.4 billion rights issue vote. Once seen as the crown jewel of offshore wind development, the Danish company is now forced to revise its profit outlook downward, triggering concerns among investors and market analysts. With rising costs, project…

Orsted

Orsted Secures $3.08 Billion in Funding for Taiwan’s Offshore Wind Farm Project

ByAmna Habib

Orsted, the Danish clean energy giant, has taken a major step forward in Taiwan’s renewable energy market. The company has secured $3.08 billion in funding to support the development of a new offshore wind farm project. This funding marks a huge milestone for both Orsted and the region, reinforcing their commitment to a greener future….