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Ørsted (OTCPK:DNNGY) has pulled out of a gaggle that was resulting from bid for offshore wind tasks in Norway, one in every of its companions stated Monday, within the newest impact of the corporate’s struggles from sharply greater prices.
Ørsted (OTCPK:DNNGY) informed Reuters it determined to not prioritize offshore wind growth in Norway for now because it seeks to regulate its enterprise growth and bidding actions.
The world’s largest offshore wind developer had teamed with Fred. Olsen Seawind and Norwegian energy producer Hafslund to kind the Blaavinge consortium in 2021 to participate in deliberate offshore wind tenders in Norway.
The federal government had set a November 15 deadline for submitting pursuits to pre-qualify for a bottom-fixed offshore wind tender, the place it plans to supply help for constructing as much as 1.5 GW of capability.
Ørsted (OTCPK:DNNGY) just lately killed two U.S. offshore wind tasks, as prices ballooned resulting from rising rates of interest and provide bottlenecks.
