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Ørsted Shares Plunge 18% as Trump Administration Halts $1.5 Billion Rhode Island Wind Farm
Monday after the Trump administration ordered the Danish energy company to halt work on its nearly completed $1.5 billion Revolution Wind project off Rhode Island, heightening financial pressure on Europe's largest offshore wind developer.
Axios on MSN13h
6 takeaways from Trump's war on Revolution Wind
The fallout from Trump 2.0's stop-work order on Ørsted's nearly finished offshore wind project in New England extends beyond ...
ISO New England said the stop-work order received by Revolution Wind could “increase risks to reliability” across the region.
Power Technology on MSN17h
US halts Ørsted’s Revolution Wind project over security concerns
The project, which began construction after receiving final federal approval last year, is 80% complete with 45 out of 65 ...
The cancellation is a blow to the offshore wind industry and Ørsted, the energy company responsible for the construction, as ...
‘’The project commenced offshore construction following the final federal approval from BOEM last year. The project is 80% ...
Equinor said it will not proceed with the $10B Novocastrian floating wind farm project offshore Australia's New South Wales.
Climate Crisis 247 on MSN14h
Trump’s Decision Ruins Large Wind Company
The Trump decision to stop offshore wind projects has not only done damage to Ørsted. Every offshore wind project that is not ...
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