News follows scrapping of two other Atlantic windfarms and axing of hundreds of jobs as costs surge
Business live – latest updates
The Danish company developing the world’s largest offshore windfarm in the North Sea has been forced to delay a major project off the north-east coast of the US, months after cancelling two nearby developments and cutting hundreds of jobs.
Ørsted has pushed back the start of commercial operations at its 704 megawatt Revolution Wind project off the coast of Rhode Island and Connecticut by a year, to 2026.
About Author
More Stories
Russian gas shutdown forces closure of almost all industry in Transnistria
Ripe for the picking? Irish wine on the up – but ‘nobody will retire rich’
China’s yuan hits 16-month low amid fears over Trump tariffs