wind
Apr 26, 2025
RWE Halts U.S. Offshore Wind Projects Amid Trump Administration Policies
German energy giant RWE has suspended its U.S. offshore wind operations, citing regulatory uncertainty and political opposition under President Trump’s administration.
RWE, Germany’s largest electricity producer, has ceased its offshore wind activities in the United States due to the challenging political environment created by the Trump administration. CEO Markus Krebber highlighted that the company remains cautious given recent political developments, leading to the suspension of projects like the 3-gigawatt Community Offshore Wind venture with the UK’s National Grid. RWE emphasized that future investments in the U.S. will require all necessary federal permits, secured tax credits, and mitigated tariff risks. Despite halting offshore projects, RWE continues to develop onshore wind, solar, and battery storage projects in the U.S., where it has reached a milestone of 10 gigawatts in generation capacity. Read more.
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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.
wind
Jul 7, 2025
Trump Issues Executive Order Ending Wind & Solar Tax Subsidies
President Trump signed an executive order mandating federal agencies to enforce the termination of wind and solar tax credits after 2026 and adjust Interior policies perceived as favoring renewables.