Energy Daily

Orsted’s $9 Billion Cash Haul Lifts Wind From the Abyss

A turnaround in the Danish wind giant’s fortunes may foreshadow a shift in the broader industry.

Orsted A/S’s Revolution Wind project assembly site at State Pier in New London, Connecticut.

Photographer: Joe Buglewicz/Bloomberg
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Welcome to our guide to the commodities powering the global economy. Today, reporter Will Mathis looks at what recent developments at Orsted A/S might signal for the wider wind sector.

The wind power industry may have finally found the bottom of its years-long crisis.