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December 3, 2024
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Ørsted Values Latest Revolution Wind Setback at $175M
No Additional Delays Seen for 704-MW CT-RI Offshore Wind Project
The first turbine installation is completed earlier this year at Revolution Wind off the New England coast.
The first turbine installation is completed earlier this year at Revolution Wind off the New England coast. | Ørsted
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A one-in-a-thousand problem with a key foundation component is the latest setback in U.S. waters for Ørsted and is blamed for its latest nine-digit cost impairment.
Company NewsOffshore Wind Power