Wind
Nov 19, 2024
Global Offshore Wind Industry Faces Challenges in Meeting Targets
The global offshore wind sector is encountering significant obstacles, including rising costs and project delays, hindering its ability to meet ambitious renewable energy goals.
Despite its potential to generate substantial electricity near densely populated areas, the offshore wind industry is grappling with increased expenses, supply chain disruptions, and technical issues. These challenges have led major companies to withdraw investments and scale back projects, raising concerns about the feasibility of achieving 2030 offshore wind capacity targets in regions like the U.S. and Europe. Conversely, China is making notable progress, bolstered by strong governmental support and favorable financing conditions. Read more.
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wind
Aug 22, 2025
Trump’s $19 B Clean‑Energy Bloodbath: Renewable Projects Mass‑Cancelled in One Power Grab
Financial Times reveals that since returning to power in 2025, President Trump’s policies have led to the cancellation of nearly $18.6 billion in clean energy projects—over 20 times more than in 2024—sending shockwaves through the US renewable industry.
wind
Jul 19, 2025
BP Sells U.S. Onshore Wind Business, Retreating from Green Energy
BP has agreed to offload its U.S. onshore wind assets—covering 10 wind farms powering over 500,000 homes—to LS Power, as it pivots back toward oil and gas amid financial pressures and underperformance in its green-energy arm.