The UK government will offer an annual £1.08 billion support budget for new offshore wind projects under its next renewable electricity auction, with £900 million dedicated to fixed-bottom developments and another £180 million for floating offshore wind farms to be delivered from 2028, the Independent reported. The government said the …
Read More »BP and JERA Abandon U.S. Offshore Wind Project amid Policy Shift
A joint venture between BP and Japan’s JERA has decided to pull the plug on a major offshore wind project in the United States, citing soaring costs and a change in federal policies. JERA Nex BP said inflation had also motivated its decision, which would see its U.S. workforce laid …
Read More ȯrsted Battles for Survival as Trump Targets Wind Energy
The Danish wind giant Ørsted is fighting for its survival after United States President Donald Trump introduced a barrage of orders limiting the growth of the wind power sector. After declaring an energy emergency in the U.S. upon entering office in January, Trump has spent the past eight months introducing …
Read More »Equinor Bets on Offshore Wind with Participation in Ørsted’s Rights Issue
Despite current challenges, Equinor still believes in the long-term prospects of offshore wind and will take part with $939 million in the $9.4-billion rights issue of the world’s offshore wind developer Ørsted, in which the Norwegian energy major holds 10%. Ørsted last month announced plans for a $9.4 billion (60 …
Read More »World’s most Powerful Wind Turbine Installed in China
A record smashing 26MW offshore wind turbine has been successfully installed in China by Dongfang Electric, which has now wrestled the claim of having the world’s most powerful installed turbine from Siemens Gamesa. Dongfang announced today that it has installed the prototype machine at a testing and certification base, saying …
Read More »US National Security Probe Targets Wind Industry
The Commerce Department just opened a Section 232 “national security” probe into imported wind turbines and parts—quietly on Aug. 13, publicly today. That matters because 232 isn’t a press release; it’s a legal on-ramp to more tariffs on top of the new 50% duty already applied to the steel and …
Read More »How Trump is Stalling Solar and Wind Projects
United States President Donald Trump announced plans in July to tighten federal permitting to restrict solar and wind energy development. This follows the passing on Trump’s One Big Beautiful Bill Act, which seeks to expand the fossil fuel and nuclear power sectors while also halting renewable energy progress in the …
Read More »Why Europe’s Wind Energy Edge is at Risk
Henrik Andersen, CEO of Danish wind turbine giant Vestas Wind Systems A/S, has issued a stark warning to European policymakers: without stronger and more cohesive industrial strategies, Europe may lose its edge in renewable energy manufacturing to the U.S. and other regions. “Wind is largely a European creation — born …
Read More »UK Launches Onshore Wind Strategy to Boost Clean Power Output
The UK government is launching its first onshore wind strategy, aiming to deliver up to 29 gigawatts (GW) of onshore wind power by the end of the decade. In the newly minted Onshore Wind Taskforce Strategy, the UK has set out more than 40 steps government and industry will take …
Read More »Trump Axes Equinor Wind Project
The Department of the Interior has ordered the suspension of construction works at the Empire Wind offshore project in New York, saying the project may have been approved by the previous administration without an appropriate environmental assessment. The news follows an earlier report that construction of the Empire Wind installation …
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