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Wind power industry in moment of reckoning as stocks fall

A wind turbine installation taking place in Germany on July 14, 2023. The International Energy Agency is calling for a surge in renewable energy installations over the next few years.Ina Fassbender | AFP | Getty ImagesRenewable energy firms are mostly suffering a dire...

Orsted axes two New Jersey wind projects, takes $4 billion writedown

Mads Nipper, chief executive officer of Orsted A/S, during a panel session on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 18, 2023. The annual Davos gathering of political leaders, top executives and celebrities runs from January...