Major Offshore Wind Developer has Stopped Activities in United States

One of the world’s top offshore wind developers, Germany’s RWE, has stopped work on its U.S. projects for now in light of recent moves against the industry by the Trump administration, its CEO said in a text published ahead of the firm’s annual meeting. The comments by Markus Krebber are a heavy blow to the nascent U.S. offshore wind market, which was a key pillar of former U.S. President Joe Biden’s energy policy but which his successor Donald Trump has vowed to stop. RWE holds three offshore wind leases in U.S. waters off the coasts of New York, Louisiana and California. more, >>CLICK TO READ<< 07:27
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