Trump Administration Halts Orsted's Offshore Wind Project, Hitting Renewable Energy Sector

Reported about 17 hours ago

The Trump administration has halted the Revolution Wind project, an offshore wind farm by Denmark's Orsted A/S off the Rhode Island coast, citing review-related concerns from the Bureau of Ocean Energy Management. The project was 80% complete and aimed to power 350,000 homes when it received an unexpected stop order, reflecting ongoing challenges in the renewable energy sector amid the administration's push to rollback previous climate policies.

Source: YAHOO

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