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Donald Trump, offshore wind
Trump executive order delivers a blow to wind-energy industry; Orsted sees setbacks on Sunrise Wind
The Trump administration has delivered a potential body blow to the wind-energy industry with a sweeping executive order that pauses new leases and permits for arrays in federal waters and on land.
Trump deals blow to future of local offshore wind projects
As promised, President Donald Trump dealt a blow to the offshore wind industry on his first day in office Monday by signing an executive order that halts new leases for offshore wind farms in federal waters.
Trump’s offshore wind halt impacts European companies
The suspension of offshore wind leasing by incoming US President Donald Trump has significantly impacted European wind power companies. On the first day of his second term in office, Trump halted new federal offshore wind leasing pending economic and environment review, as reported by Reuters.
2d
on MSN
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 ...
Crain's New York
1d
NY offshore wind developers brace for billions in losses on heels of executive order
Developers behind New York’s offshore wind projects are grappling with the prospect of billions of dollars in potentially ...
3d
Orsted flags $1.7 bln impairment on Sunrise Wind delays, increased costs
Denmark's Orsted announced on Monday an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...
1d
U.S. Wind Power Faces Huge Challenges After Trump Orders a Crackdown
In a sweeping order, President Trump halted federal approvals for new wind farms, in a move that could affect projects on ...
2d
on MSN
Orsted Hits Earnings Target Despite $1.7 Billion Impairment on U.S. Project Delays
Orsted’s full-year earnings landed within its guidance range despite a 1.69 billion impairment on higher costs at its Sunrise ...
2d
European green energy companies hit by Trump's anti-wind policy
Investors jumped after U.S. President Donald Trump ended support for new U.S. offshore wind power on his first day in ...
2d
on MSN
Orsted flags $1.7 billion impairment on Sunrise Wind delays, increased costs
COPENHAGEN (Reuters) -Offshore wind developer Orsted on Monday posted an impairment charge of 12.1 billion Danish crowns ...
Recharge
2d
Orsted CEO insists troubled US project Sunrise Wind can make profit
Mads Nipper comments on $1.7bn in impairments from US offshore wind troubles but refuses to comment on impact of Trump decree ...
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