The value of Danish energy company Orsted, the world’s largest offshore wind farm developer and a big player in the U.S., has plunged about 31 percent since it declared $2.3 billion in U.S. impairments in late August due to supply delays, high interest rates and a lack of new tax credits
US Offshore Wind Industry Faces Inflation, Interest Rates, Insufficient Subsidies
Written by Scott DiSavino and Nerijus Adomaitis