Wind
Oct 30, 2024
U.S. Government Awards First Commercial Floating Offshore Wind Leases in the Atlantic
The U.S. government has selected winning bids for the development of floating offshore wind power off New England’s coast, marking the first commercial sale of its kind in the Atlantic.
In a landmark move, the U.S. Bureau of Ocean Energy Management has awarded leases for the development of floating offshore wind energy projects in the Gulf of Maine. The lease sale attracted nearly $22 million in bids from companies including Avangrid Renewables and Invenergy NE Offshore Wind. This initiative aligns with President Biden’s goal of enhancing offshore wind energy capacity by 2030. Environmentalists commend the sale for its potential to combat climate change and create jobs, while commercial fishermen express concerns over the impact on critical fishing regions. The lease areas, spanning over 625 square miles, could potentially power more than 2.3 million homes, advancing floating wind technology and the clean energy transition in the region. 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.