COPENHAGEN (Reuters) -Orsted shares rose on Tuesday after a U.S. federal judge ruled it could resume work on an almost completed offshore wi
By Louise Rasmussen and Stine Jacobsen
COPENHAGEN (Reuters) -Orsted shares rose on Tuesday after a U.S. federal judge ruled it could resume work on an almost completed offshore wind project in the United States, delivering a win for an industry under sustained attack from President Donald Trump.
But the victory may prove short-lived, as analysts warn the White House could appeal the decision or take further regulatory action against other projects as part of the administration's broader campaign to dismantle the renewable energy sector.
DNV GL recently has announced that it has signed an agreement to enter the Taiwan Offshore Wind Project Certification Alliance (TOWPCA), initiated by the Taiwanese government to promote the localization of its offshore wind sector.
Together with the Bureau of Standards, Metrology and Inspection (BSMI), administrative agency of the Ministry of Economic Affairs (MOEA), DNV GL launched the Taiwan…
UK looks to offshore wind for green energy transition
#UK looks to #OffshoreWind for #GreenEnergy transition #ClimateSamurai #WindEnergy
Britain, a global leader in offshore wind energy, plans to make the sector one of the pillars of its transition to carbon neutrality in the coming decades.
The country aims to quadruple its offshore electricity production capacity by 2030 by utilising the windswept North Sea and a favourable policy environment.
“It’s more conducive to build offshore in the UK than anywhere else in Europe,”…
JERA to Acquire 49% stake in Taiwan's offshore wind project
#JERA to #Acquire 49% stake in #Taiwan's #offshore #WindProject #ClimateSamurai #WindPower #WindEnergy
Japan’s power generator JERA Co said on Wednesday it will buy a 49% stake in the Formosa 2 offshore wind project in Taiwan from Macquarie Capital for an undisclosed sum, in a bid to expand its renewable energy portfolio.
JERA, a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co, already holds a 32.5% stake in Taiwan’s first commercial offshore wind project…