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Trump, wind farm
World’s largest offshore wind farm maker Orsted takes fresh $1.7 billion write-down in the U.S. as its Trump nightmare begins
Danish offshore wind giant Orsted faced a fresh stock market hammering on Tuesday after the group announced a new billion-dollar impairment charge on the same day its foe Donald Trump ascended to the White House.
Factbox-European Companies Exposed as Trump Takes Aim at US Offshore Wind
Former President Joe Biden supported the offshore wind industry, setting a target for 30 gigawatts (GW) of projects by 2030, up from 42 megawatts at the end of 2023, prompting many European project developers to acquire leases and plan wind farms in the United States.
Trump orders suspension of new offshore wind power leasing
"We're not going to do the wind thing," Trump said during an event after his inauguration. A White House press release earlier in the day said Trump intended to end new leasing for "massive wind farms.
President Trump suspends new offshore wind leasing
President Trump has ordered a suspension of new federal leases for offshore wind energy, stating concerns over aesthetics, cost and wildlife.
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.
This wind power company just took a $1.7 billion write-down — and that excludes Trump executive order impact
Shares of Orsted fell as much as 18% after announcing a 12.1 billion Danish kroner ($1.7 billion) write-down that the Danish wind power company said didn’t include the impact of an executive order signed by President Donald Trump.
Trump Says He Will Stop Leasing Federal Land for Wind Farms
President Donald Trump ordered a broad assault on US offshore wind development Monday, including a freeze in permitting the massive renewable power projects despite warnings from developers it imperiled jobs from coast to coast.
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.
1h
on MSN
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 ...
4h
on MSN
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 ...
E&E
3h
Trump bars offshore wind leases in opening salvo against his energy nemesis
President Donald Trump partially fulfilled his longtime animosity toward wind power. Some see it as the beginning of a bigger ...
ksby
6h
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 ...
4d
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 ...
Energy Central
3h
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 ...
3d
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.
2d
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 ...
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