Renewables Giant Orsted Replaces CEO as Offshore Wind Troubles Persist ...Middle East

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Renewables Giant Orsted Replaces CEO as Offshore Wind Troubles Persist
source : OILPRICE ( Middle East ) () 64
Orsted, the world’s biggest offshore wind project developer, is replacing Mads Nipper as chief executive, effective Saturday, amid a fundamentally changed renewable energy market, the Danish renewable energy firm said on Friday. Nipper, who joined Orsted in January 2021, is stepping down as CEO on February 1, 2025, at which time Rasmus Errboe will step into the role of Group President and CEO. Errboe comes from within the company—he is currently deputy CEO and chief commercial officer. “The renewable energy market has fundamentally…

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