US Federal Judge Grants Go Ahead for Orsted Offshore Wind Project
Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's administration halted the project last month.The ruling is a legal setback for Trump, who has sought to block expansion of offshore wind in U.S. waters. It is a palpable victory for Orsted, which has been losing $2 million a day since the project was halted on August 22.Revolution Wind is located 15 miles off the coast.
Trump Administration to Cancel Approval of Maryland Offshore Wind Project
The administration of U.S. President Donald Trump intends to withdraw federal approval for US Wind’s offshore wind farm off the coast of Maryland, according to a filing submitted by Attorney General Pam Bondi in the U.S. District Court in Delaware on Friday.US Wind is owned by funds managed by Apollo Global Management, an American investment firm, and Renexia SpA, a subsidiary of Italy's Toto Holding SpA. The project is scheduled to begin construction next year.(Reuters)
Trump's Halt of Rhode Island Wind Project Stuns Local Leaders
The Trump administration's order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday.State leaders in Connecticut and Rhode Island demanded details from the administration about why it issued a stop-work order to the Revolution Wind project late on Friday. In its letter to project developer Orsted, the Bureau of Ocean Energy Management cited unspecified national security concerns."They say there are national security interests here.
US Halts Revolution Wind Project
The Trump administration on Friday ordered Denmark's Orsted to stop far-advanced construction on an offshore wind project near Rhode Island, in a move that threatens to exacerbate the company's financial troubles.With construction now frozen at 80% completion, Orsted has no immediate path to revenue generation, heightening pressure on the company as it seeks to shore up finances through a $9.4 billion emergency rights issue.The stop-work order, issued by the Bureau of Ocean Energy Management (BOEM), is the administration's latest effort to hinder U.S.
Equinor Might Cancel New York Offshore Wind Project Over Trump Stop-Work Order
The developer of a major U.S. offshore wind project warned that it will cancel the Empire Wind facility off the coast of New York if it cannot reach a resolution over a stop-work order issued by the Trump administration in the coming days.Molly Morris, president of the U.S. renewable energy arm of Norway's Equinor, said the company was spending $50 million a week to keep the project afloat."The situation is now unsustainable," Morris said in an interview.(Reuters)
