Orsted seeks inflation protection in Australian offshore wind farm deals after US cancellations.
Danish renewable energy giant Orsted calls for Australian offshore wind farm deals to include protection against inflationary shocks, following cost-related cancellations in the US. Orsted secured one of six exclusive federal permits for turbine plans off Victoria's coast, targeting Gippsland's world-class potential for offshore wind energy. Despite being smaller than Europe, US, and Asia, Australia's offshore wind sector attracts international interest.
May 19, 2024
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