Ørsted takes $1.7B hit on U.S. offshore wind projects
Danish energy company Ørsted (OTCPK:DNNGY) reported an impairment of DKK 12.1B (~$1.7 billion) for Q4, primarily due to challenges in its U.S. offshore wind projects. The setback is attributed to several factors,
Orsted Takes $1.7 Billion Hit as Trump Slams Offshore Wind
Orsted A/S recorded a 12.1 billion-krone ($1.7-billion) hit on its earnings as the costs of offshore wind farms, particularly in the US, keep rising.
European companies exposed as Trump takes aim at offshore wind
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.
Trump Will Kill American Jobs with Offshore Wind Ban
Trump Will Kill American Jobs with Offshore Wind BanWashington, D.C. - On the first day of his Presidency, Donald Trump announced he intends to halt development of offshore wind projects across the United States.
On first day, Trump orders no new offshore wind leases and aims to kill existing ones
Hours after returning to the White House as president, Donald Trump moved Monday to slam the brakes on the offshore wind industry, prohibiting new leases and ordering a review of existing ones to build a legal case for terminating them.
Trump suspends offshore wind leasing pending review
President Donald Trump issued an executive action suspending offshore wind leasing from all areas of the outer continental shelf pending an environmental and economic review, the White House said on Monday.
Trump makes good on threat to suspend US offshore wind leasing
Order issued in late hours of president’s first day in office exempts existing leases but calls for further environmental and economic impact assessment
Worcester County is fighting the state to stop offshore wind. Trump could help.
Worcester County officials and residents find themselves battling the state to stop a project they’ve made clear they don’t want.
Offshore Wind and Trump
What will be the future of offshore wind turbines off coastal United States with Donald Trump as U.S. president? “We recommitted to reducing carbon
Trump orders suspension of new offshore wind power leasing
President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife. "We're not going to do the wind thing.
Trump freezes new outer continental shelf offshore wind leases
President Trump directed the Treasury Department to freeze new offshore wind leases on the outer continental shelf Monday evening as one of a flurry of executive orders he signed within hours of taking office.
ksby6h
Powerful offshore winds return to SoCal but the Central Coast will again see much less wind
The Central Coast again gets a glancing blow from a powerful Santa Ana event in Southern California. We could even see shower ...
Energy Central22m
DOE publishes West Coast Offshore Wind Transmission Study and Action Plan
Offshore Wind Transmission Development in the western United States. Funded by the DOE's Grid Deployment Office (GDO) and ...
What's going on with offshore wind in RI? Here's the latest on SouthCoast Wind.
SouthCoast Wind is moving forward on other fronts. On Dec. 20, the Biden administration announced that the proposal had ...
Trump temporarily halts leasing and permitting for wind energy projects
President Donald Trump has signed an executive order temporarily halting offshore wind lease sales in federal waters and ...
Trump pledged offshore wind moratorium. Now two projects south of Nantucket are delayed.
Contracts with the latest offshore wind projects selected in Massachusetts were to be signed Jan. 15. Now they're delayed.
Offshore wind project to power over 840,000 Mass. homes approved by feds
“We are proud to announce [Bureau of Ocean Energy Management’s] final approval of the SouthCoast Wind project, the nation’s ...
Santa Cruz Sentinel12h
Letter | Toxic industries: Battery storage, offshore wind
Our Central Coast has two industries that are joined at the hip: electricity storage plants and offshore wind. These well-intended efforts to address environmental issues such as climate change ...
Outgoing Interior Sec. Haaland Rebukes Trump: Offshore Wind 'Here to Stay'
Deb Haaland slammed President-elect Donald Trump's plans to halt future projects in an exit interview with Newsweek.