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2023-07-22 10:38:25 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Governments, companies and consumers are striving to be environmentally friendly and to promote the use of green energy like never before. In this new green era, many renewable energy stocks ...
2023-07-05 14:32:42 ET The U.S. Bureau of Ocean Energy Management approved Ørsted's ( OTCPK:DNNGY ) Ocean Wind 1 project Wednesday, setting the stage for the installation of as many as 98 turbines off the coast of New Jersey. The project is estimated to have a generating ca...
2023-06-30 18:36:34 ET A bill to let offshore wind developer Ørsted ( OTCPK:DNNGY ) keep tax credits that it otherwise would have to return to New Jersey ratepayers was narrowly approved by the state legislature Friday. The bill to allow Ørsted ( OTCPK:DNNGY )...
2023-06-28 10:59:39 ET Several European wind power developers are shrugging off concerns about problems with onshore wind turbines supplied by Siemens Energy ( OTCPK:SMEGF ) ( OTCPK:SIEGY ), Reuters reported Wednesday, after the company revealed deeper than expected problems wit...
2023-06-12 21:40:19 ET Summary Ørsted is a solid renewables company and a market leader in the wind energy sector, with a well-filled pipeline and conservative financing. The company is currently undervalued, making it a good time to buy shares or write options, but investors...
2023-06-08 12:01:02 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips I’ve been writing about the best green energy stocks for many years. For this column, I’m taking a new approach. Specifically, I’ve decided to recommend three names wit...
2023-06-08 07:56:52 ET Ørsted ( OTCPK:DNNGY ) +7% in European trading early Thursday after confirming its target of 50 GW of installed renewable capacity by 2030 and saying it expects to spend ~475B Danish kroner ($68.2B) to achieve it. The company said the investments ...
2023-05-25 16:52:35 ET Eversource Energy ( NYSE: ES ) said Thursday it agreed to sell its 50% interest in a currently uncommitted wind development lease area of ~175K acres off the Massachusetts coast to Ørsted ( OTCPK:DNNGY ) for $625M in cash; Ørsted currently ow...
2023-05-15 09:36:44 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Renewable energy is expected to generate almost all of the world’s electricity growth between now and 2025, an analysis of data from the International Energy Agency indicates. Moreover, ...
2023-05-09 19:32:00 ET Summary The Top 40 European utilities will invest a total of €128bn in 2023. According to the European integrated utilities' capital expenditure plans, 48% of their investments will be dedicated to renewables, representing about €46bn in total....