Germany has rejected TotalEnergies’s request to improve the financial terms on its costly offshore wind projects, according to people familiar with the matter, a decision that could weigh on the French oil company’s profits https://t.co/t8OyS60MON ...

Should we assume now through the eyes of this administration. And we've heard the president talk about wind quite a lot, that it is not a viable resource for the grid. Is the domestic wind industry dead.I think if you in the one big, beautiful bill President Trump advocated, we removed the subsidies for wind. Look, offshore wind is twice as expensive as onshore wind. And we wouldn't have a big onshore wind industry without a lot of subsidies.So, yeah, I would say the economic outlook for offshore wind in th ...

Policy & Regulation - The Trump administration is taking steps to halt the progress of additional offshore wind energy initiatives [1]

Industry Setback - Mitsubishi-led group withdrew from three offshore wind projects in Japan [1] - This withdrawal represents a recent global setback for the offshore wind sector [1]

Industry Overview - China's offshore wind sector is recovering after the end of national subsidies in 2021 [1] - The sector has rebuilt a substantial pipeline of offshore wind projects [1]

President Trump's budget bill cuts federal subsidies for new offshore wind projects and that throws the future of the industry into question. Pippa Stevens is in Brooklyn. She's got a look at one project that's getting off the ground and what it means for the surrounding community.Pippa, good morning. Good morning, Becky. I'm here at the South Brooklyn Marine Terminal, which Ecuador is redeveloping in order to service its offshore wind project called Empire Wind One.It's about 15 to 30 miles south of Jones ...