The tab for Eversource Energy’s ill-fated foray into offshore wind continues to grow. On Tuesday, Eversource reported that it will record a $75 million charge against its third-quarter earnings ...
The global offshore wind industry is struggling with rising costs, policy instability, and supply chain disruptions. Shell and Equinor have pulled out of key offshore wind and hydrogen ventures, ...
The first wind farm slated to plug into New York City’s grid has already endured one political catastrophe this year. Now, a logistical crisis looms on the horizon. Equinor’s Empire Wind is a ...
Danish wind giant Ørsted announced today that it would cut around 2,000 jobs, or around 25% of its workforce, over the next two years. It will lay off around 500 employees in Q4 2025, including 235 in ...
France’s Centre Manche 2 award to energy giants TotalEnergies and RWE illustrates how law firms are tapping into the global push to build renewable energy infrastructure. Also, Kirkland & Ellis and ...
The Trump administration’s attack on the offshore wind industry is squeezing a key revenue stream for the subcontractors that help build wind farms, forcing many to put investment plans on ice. Fugro ...
A top executive for oil giant Shell spoke out against the Trump administration’s crackdown on the renewable energy industry over the weekend, warning that halting fully permitted projects would be ...
When it comes to the U.S. offshore wind industry, big changes are underway. Since re-taking office in late January, President Trump has worked to make good on a campaign promise to "end" the industry.
Belgium-based offshore installation services company DEME has secured a contract to carry out the transport and installation works for the inter-array cables for the Nordseecluster B offshore wind ...
Revolution Wind was exactly that. A revolutionary $6.2 billion offshore wind park, intended to supply 704 megawatts of electricity, enough to power 350,000 homes in Rhode Island and Connecticut within ...
RALEIGH, N.C. (WTVD) -- See latest updates here. Tropical Depression Nine strengthened into Tropical Storm Imelda on Sunday in the Atlantic, and could bring storm surge and strong winds to the ...