US judge rules Orsted can continue work on Rhode Island offshore wind project

Core Insights - A federal judge has allowed Danish offshore wind developer Orsted to continue work on its nearly completed Revolution Wind project, which had been previously halted by the Trump administration along with four other projects [1] Company Summary - Orsted is a Danish offshore wind developer that has received judicial approval to resume its Revolution Wind project, indicating a potential positive shift in regulatory support for renewable energy initiatives [1] Industry Summary - The decision by the federal judge reflects ongoing legal and regulatory challenges within the renewable energy sector, particularly for offshore wind projects in the U.S., which may influence future investments and project developments in this industry [1]