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’s anti-wind-power plans are potential blow to NY, NJ: ‘Just the beginning’
The order would be a potential blow to states such as New York, New Jersey and Massachusetts that are depending on the clean energy to help meet what critics call pie-in-the-sky goals.
Trump signs executive order halting wind power leases. What it means
Trump signed an executive order to halt offshore wind. What does it mean for Massachusetts' projects like SouthCoast and Vineyard Wind?
Donald Trump's remarks buffet an already reeling wind energy industry
The president-elect last week derided wind-energy turbines as little more than "garbage in a field," while vowing to undo recently enacted oil and gas offshore drilling bans.
Why Donald Trump hates wind power
It started with a feud at one of his golf courses. Wind energy is the cheapest source of new electricity in the U.S.—something that has been true for the past decade, according to annual energy reports from financial services company Lazard.
What Trump's wind order can and can't do
This chart ☝️ helps explain why President Trump's anti-wind executive order could have limited effects for onshore projects. But offshore, there's far more jeopardy. Why it matters: Wind is the largest U.
Future of wind energy in Hampton Roads uncertain after Trump executive order
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Trump issues anti-wind executive order
President Donald Trump quickly issued an unexpectedly sweeping executive order that prevents federal government involvement in permitting of all offshore and onshore wind projects, including on private onshore land.
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 ...
Trump throws wrench into offshore wind, putting New York’s clean energy plans in doubt
The first Trump administration lost more than three-quarters of the court cases against its regulatory actions, according to ...
Crain's New York2d
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 ...
World’s largest offshore wind farm maker Orsted takes fresh $1.7 billion write-down in the U.S. as its Trump nightmare begins
Orsted’s Sunrise Wind project, a 924-megawatt offshore wind farm in New York meant to power 600,000 homes, is expected to ...
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 ...
Trump halt on offshore wind power leases hits European companies
European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first ...
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 ...
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 ...
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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 ...
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 ...