2023-03-15 21:20:11 ET
Summary
- With major European, US, and Asian focus on wind power (especially offshore), the problems that have recently plagued the industry are being addressed.
- Orsted is the world’s largest offshore wind project developer and it is well-positioned to benefit from massive offshore wind expansion in the next decade.
- Orsted has recently provided details of why and how it is in turnaround mode.
- Orsted’s planned 50 GW renewable capacity target (30 GW offshore wind) by 2030 is likely to be exceeded, with a big pipeline of projects to choose from.
- Given Orsted’s 31.2% fall in share price over the past 12 months, now is a good time to consider investment.
For further details see:
Lots Of Action In Offshore Wind, Interest In Orsted To Follow