Update Aug. 11: Relieving US Grid from Wind and Solar Risks
Update August 11, 2025 Shares of Orsted, the world’s largest offshore wind developer, plummeted today. Orsted shares crashed more than 25% on Monday morning, after the wind farm developer said it plans a 60 billion Danish kroner ($9.4 billion) rights issue, following a “material adverse development” in the U.S. market. The company said this … Continue reading Update Aug. 11: Relieving US Grid from Wind and Solar Risks
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