Blown off course, turbine giant Orsted seeks second wind …C0NTINUE READING >>>
Orsted was dealt a $4 billion blow last year when it cancelled wind farm projects in the United States.
Photo: Thomas Traasdahl / Ritzau Scanpix/AFP/File
Source: AFP
Long dependent on fossil fuels before emerging a champion of offshore wind power, Danish company Orsted is now struggling to restore its business after dropping several major projects.
Orsted was dealt a $4 billion blow last year when it cancelled wind farm projects in the United States, a crucial market for the group.
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