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Released October 13, 2025 | SUGAR LAND
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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--After beating the Trump administration in court over parts of its U.S. wind energy portfolio, Danish clean energy company Orsted (Fredericia, Denmark) said it was shedding 2,000 positions from its payrolls.
"Today, we've told our employees that from now and until the end of 2027, we'll be saying goodbye to many skilled and valued colleagues who've contributed greatly to Orsted," Chief Executive Officer Rasmus Errboe said Thursday.
The company said around 500 people would be out of work by the fourth quarter. About half of that would come from its offices in Denmark.
The U.S. wind energy sector is facing political pressure. The Bureau of Ocean Energy Management (BOEM) in August issued a stop-work order for the offshore Revolution wind project, led by Orsted, saying it needed to "address concerns related to the protection of national security interests of the United States."
Located 15 miles from Rhode Island and 32 miles from Connecticut, construction on the project started early this year and it was on pace for completion by December. Orsted said the facility was 80% completed, with all offshore foundations installed and 70% of the turbines in place. The company secured all the necessary state and federal permits to move forward in 2023 and has a 20-year purchase agreement to send power to the Rhode Island and Connecticut grids. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can click here for the project report and click here for the plant profile.
The order was recently overturned, however, after a judge ruled the administration's order lacked "factual findings." For more on that, see September 24, 2025, article - Judge Lifts Trump Administration's Stop-Work Order for Nearly Complete Offshore Wind Project.
Orsted added that it was fully committed to finalizing some 8 gigawatts (GW) worth of construction contracts across three continents.
"At the same time, we're building a more financially robust and competitive company with solid earnings, which will increase as we complete our projects," Errboe added. "Once we've achieved this, Orsted will be a significantly stronger, more focused and competitive company."
Orsted has a portfolio of 15 wind farms in the U.S., the largest of which is the 514-megawatt (MW) Helena Wind Farm in Texas. The facility has been in operation since 2021. Most of its overseas facilities, meanwhile, are in Germany, and many of those generate less than 100 MW.
Subscribers can view a detailed list of U.S. plants here. A list of German wind farms led by Orsted is available here.
In the U.S. economy, renewables continue to gain traction despite the opposition from the Trump administration. The federal U.S. government expects solar power to lead all forms of renewable energy, with a 17% annual increase in power capacity by 2026. Wind power is on pace to increase by 5% annually.
Denmark, where Orsted is headquartered, installed the world's first offshore wind farm in 1991. The European Union is incentivizing the industry with favorable legislation and grants.
Orsted posted an operating profit of $2.4 billion during the first half of the year, up from $2.2 billion during the same period last year. Earnings from just its offshore business came in at $1.9 billion, compared with $1.8 billion last year.
Once downsizing is completed, the company said it expects to realize savings of around $310 million.
"The reasons for this are that the company will be focusing more on offshore wind and Europe, that a number of offshore wind farms will be finalized in the coming years, and that the company needs to improve its competitiveness," it explained.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
"Today, we've told our employees that from now and until the end of 2027, we'll be saying goodbye to many skilled and valued colleagues who've contributed greatly to Orsted," Chief Executive Officer Rasmus Errboe said Thursday.
The company said around 500 people would be out of work by the fourth quarter. About half of that would come from its offices in Denmark.
The U.S. wind energy sector is facing political pressure. The Bureau of Ocean Energy Management (BOEM) in August issued a stop-work order for the offshore Revolution wind project, led by Orsted, saying it needed to "address concerns related to the protection of national security interests of the United States."
Located 15 miles from Rhode Island and 32 miles from Connecticut, construction on the project started early this year and it was on pace for completion by December. Orsted said the facility was 80% completed, with all offshore foundations installed and 70% of the turbines in place. The company secured all the necessary state and federal permits to move forward in 2023 and has a 20-year purchase agreement to send power to the Rhode Island and Connecticut grids. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can click here for the project report and click here for the plant profile.
The order was recently overturned, however, after a judge ruled the administration's order lacked "factual findings." For more on that, see September 24, 2025, article - Judge Lifts Trump Administration's Stop-Work Order for Nearly Complete Offshore Wind Project.
Orsted added that it was fully committed to finalizing some 8 gigawatts (GW) worth of construction contracts across three continents.
"At the same time, we're building a more financially robust and competitive company with solid earnings, which will increase as we complete our projects," Errboe added. "Once we've achieved this, Orsted will be a significantly stronger, more focused and competitive company."
Orsted has a portfolio of 15 wind farms in the U.S., the largest of which is the 514-megawatt (MW) Helena Wind Farm in Texas. The facility has been in operation since 2021. Most of its overseas facilities, meanwhile, are in Germany, and many of those generate less than 100 MW.
Subscribers can view a detailed list of U.S. plants here. A list of German wind farms led by Orsted is available here.
In the U.S. economy, renewables continue to gain traction despite the opposition from the Trump administration. The federal U.S. government expects solar power to lead all forms of renewable energy, with a 17% annual increase in power capacity by 2026. Wind power is on pace to increase by 5% annually.
Denmark, where Orsted is headquartered, installed the world's first offshore wind farm in 1991. The European Union is incentivizing the industry with favorable legislation and grants.
Orsted posted an operating profit of $2.4 billion during the first half of the year, up from $2.2 billion during the same period last year. Earnings from just its offshore business came in at $1.9 billion, compared with $1.8 billion last year.
Once downsizing is completed, the company said it expects to realize savings of around $310 million.
"The reasons for this are that the company will be focusing more on offshore wind and Europe, that a number of offshore wind farms will be finalized in the coming years, and that the company needs to improve its competitiveness," it explained.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
