Sept 3 (Reuters) - President Donald Trump's administration plans to revoke federal approval of Avangrid's planned New England Wind project off the coast of Massachusetts, according to a court filing on Wednesday. The legal maneuver is the latest move by U.S. authorities to stymie development of offshore wind energy, which Trump has called ugly, expensive, and unreliable.... Continue Reading →
Principle Power’s WindFloat® Projects Reach Key Milestone with 1 TWh Energy Delivered to the Grid
Emeryville, CA, September 3, 2025 – Principle Power announces that floating offshore wind projects using the WindFloat® technology have produced more than 1 terawatt-hour (TWh) energy since WindFloat 1 was connected to the grid in 2011. This milestone demonstrates the maturity of the WindFloat® designs, and the readiness of the company’s 4th generation designs for... Continue Reading →
Equinor to inject nearly $1 billion into Orsted following US setbacks under Trump
Sept 1 (Reuters) - Norway's Equinor will pump nearly $1 billion into Orsted's emergency fundraising, opens new tab, it said on Monday, bolstering the Danish offshore wind power developer's efforts to cope with U.S. President Donald Trump's hostility to the sector. The energy company said it planned to participate in Orsted's 60-billion Danish crown ($9.4 billion) rights issue by subscribing... Continue Reading →
OWC Wins Green Volt Cable Engineering Contract
Aug. 29 (offshoreWIND.biz) The renewable energy consultancy OWC has been awarded a contract to provide cable engineering support to the Green Volt floating offshore wind farm in Scotland, developed by Flotation Energy and Vårgrønn. OWC’s scope of work includes cable engineering for both offshore and onshore cables. The subsea scope focuses primarily on the export... Continue Reading →
‘This Has Nothing to Do with National Security’ | Revolution Wind Halt Leaves Connecticut Leaders Demanding Answers
Aug. 28 (offshoreWIND.biz) Connecticut officials say they have been left in the dark about why the US federal government suddenly ordered construction of the Revolution Wind offshore project to stop, even as billions of US dollars, hundreds of jobs, and counted-on grid capacity hang in the balance. “If there are issues to discuss, let’s discuss... Continue Reading →
A timeline of Trump’s moves to dismantle the US wind and solar energy industries
Aug.t 26 (Reuters) U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of former President Joe Biden's climate and energy agendas. Here is a timeline of actions his administration has taken to unravel federal support for clean energy... Continue Reading →
Japan proposes 10-year extension for offshore wind farm leases to ease cost pressures
Aug 26 (Reuters) - Japan's industry and land ministries on Tuesday proposed revising guidelines to extend offshore wind project leases by 10 years, from the current 30 years, to help developers manage soaring construction costs and complete projects. The proposal was submitted to a joint expert panel of the Ministry of Economy, Trade and Industry... Continue Reading →
Mitsubishi Corp, Others to Abandon Three Offshore Wind Projects in Japan
Aug. 26 (Reuters) A Mitsubishi Corp consortium is preparing to withdraw from three offshore wind power projects in Japan's Chiba and Akita prefectures due to concerns over profitability, the Nikkei business daily reported on Tuesday. Japan, heavily reliant on energy imports, has turned to renewable energy to bolster energy security and achieve carbon neutrality by... Continue Reading →
Orsted shares sink to record lows after US halts wind farm off Rhode Island
Aug 25 (Reuters) - Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump's pushback on renewable energy investments. Orsted, the world's biggest offshore wind farm developer, has already faced mounting challenges, including rising costs, higher interest rates, and supply chain disruptions,... Continue Reading →
US opens national security probe into imported wind turbines, components
Aug 21 (Reuters) - The U.S. Commerce Department said on Thursday it has opened a national security investigation into the import of wind turbines and components. Earlier this week, the department said it was adding wind turbines to a list of products that will face 50% tariffs on the aluminum and steel content. The "Section 232" investigation,... Continue Reading →