Another US offshore wind project buys out of supply agreement

A joint venture between Shell and Ocean Wind has reached an agreement to finalize a supply contract for a 1.2GW offshore wind project in the state of New England.
Photo: Joachim Adrian
Photo: Joachim Adrian
by marketwire

Last week, Ørsted announced a DKK multibillion write-down due to challenges in the US market, including profitability pressures in a number of large offshore wind projects that the company has previously acquired the rights to build.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading