Feb 6 (Reuters) - Denmark's Orsted reported sharply higher fourth-quarter cash flow and a bigger-than-expected reduction in debt, as the group boosts its balance sheet to navigate U.S. President Donald Trump's clampdown on offshore wind. Orsted expanded rapidly over the past decade, but more recently faced higher costs from supply chain disruption and inflation, and faces regulatory... Continue Reading →
Massachusetts, Nova Scotia Partner on Offshore Wind Development
Feb. 6 (offshoreWIND.biz) The US state of Massachusetts and the Canadian province of Nova Scotia have signed a Memorandum of Understanding (MoU) to deepen cooperation on offshore wind development, seeking to align planning, workforce training, transmission planning and supply chain development across the North Atlantic region. Massachusetts Governor Maura Healey and Nova Scotia Premier Tim... Continue Reading →
Spain Moves Closer to Launching Its First (Floating) Offshore Wind Tender
Feb. 4 (offshoreWIND.biz) The Spanish Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has opened a public consultation on a draft ministerial order that will set the regulatory bases for the country’s first (floating) offshore wind tender. The consultation runs from 4 February to 24 February 2026 and invites feedback on key design... Continue Reading →
Equinor Reports Lower Q4 Earnings as Record Production Supports Cash Flow
Feb. 4 (oilprice.com) Equinor posted lower earnings in the fourth quarter of 2025 compared with a year earlier, reflecting weaker liquids prices and impairment charges, even as the Norwegian energy major delivered record annual production and outlined measures to reinforce cash flow and competitiveness. Adjusted operating income for the quarter reached $6.2 billion, down from the same... Continue Reading →
All Five Halted US Offshore Wind Farms Resume Construction
Feb. 3 (offshoreWIND.biz) All five US offshore wind farms under construction that received stop-work orders from the US government have been cleared to continue building, with Ørsted’s Sunrise Wind project the fifth project to be granted a preliminary injunction as part of a lawsuit challenging the order issued by the Director of the Department of... Continue Reading →
US judge to consider last project challenge to Trump offshore wind pause
Feb 2 (Reuters) - A U.S. judge on Monday will consider a request from Danish energy company Orsted to block the Trump administration's halt on its Sunrise Wind project off the coast of New York. The preliminary injunction request is the fifth brought by an offshore wind developer since the Interior Department's December 22 pause on five offshore wind leases... Continue Reading →
Trump Administration’s Stop-Work Order Hits US Offshore Wind Turbine Manufacturer’s Earnings
Jan. 30 (offhoreWind.biz) The US government’s offshore wind construction pause left a dent in GE Vernova’s numbers for the fourth quarter of 2025, which might get deeper if wind turbine works at the Vineyard Wind 1 site offshore Massachusetts are not completed according to the project’s current schedule. The US wind turbine manufacturer said on... Continue Reading →
BREAKING: First Turbine Up at Biggest US Offshore Wind Farm
The first wind turbine is now in place at the Coastal Virginia Offshore Wind (CVOW) site in the US. Jan. 30 ()offshoreWIND.biz) The 2.6 GW offshore wind farm, owned by Dominion Energy, will comprise 176 Siemens Gamesa 14 MW wind turbines and will be able to generate enough electricity to power over 900,000 homes once... Continue Reading →
Court Clears 95-Pct-Complete Vineyard Wind 1 to Resume Construction
Jan. 28 (offshoreWIND.biz) Construction work can restart on the 95-per-cent-complete Vineyard Wind 1 offshore wind farm after the US District Court for the District of Massachusetts issued a decision to allow full activities to resume in the Vineyard Wind lease area on the US Outer Continental Shelf (OCS). This is the fourth of the five... Continue Reading →
Installation of First Turbine Underway at Biggest US Offshore Wind Farm
Jan. 23 (offshoreWIND.biz) Wind turbine installation on Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) has started with the first of the project’s 176 Siemens Gamesa 14 MW wind turbines currently being erected. Virginia-based broadcaster WAVY reported on 21 January that a wind turbine tower was being installed at the CVOW site, next to the two... Continue Reading →