Industry Challenges - The offshore wind industry is facing turmoil [1] - The industry is grappling with attacks from the Trump administration [1] - Rising costs are impacting the offshore wind industry [1] - Competition from Chinese manufacturers is a challenge for the industry [1]

The Trump administration has halted work on an offshore wind farm being constructed off the coast of Rhode Island by Denmark’s Orsted A/S https://t.co/gKjBlEsVcg ...

Texas faces a crunch to meet energy demand, but Trump’s budget bill will hurt renewable power development like wind and solar — the state's fastest growing electricity source https://t.co/pyJD53KZIF ...

Energy Demand & Supply - Texas is facing a crunch to meet energy demand [1] - Renewable power, like wind and solar, is the state's fastest growing electricity source [1] Policy Impact - Trump's budget bill will hurt renewable power development in Texas [1]

Orsted was downgraded to the lowest tier of investment grade by S&P on increasing risks to its US offshore wind business as the Trump Administration moves to halt the sector’s development https://t.co/tOF3s7ddM0 ...

Industry Analysis - The wind power industry is facing challenges [1] - Orsted is presented as an example of the wind power industry's struggles [1]

“There are certain types of projects that really won’t move forward, in particular offshore wind.”This week on “Checks and Balance” @chowardchoward weighs up the impact of the “Big Beautiful Bill” on America’s energy sector https://t.co/etfE81rgEg ...

Company Performance - GE Vernova's growth is primarily hindered by its wind unit [1]

China saw a significant slowdown in solar and wind installations in June after new rules came into effect that threaten the profitability of renewable power projects https://t.co/qW9NupcVoR ...

Investment Rating - The industry investment rating is Attractive [5][31]. Core Insights - New wind installations in China reached 46GW from January to May 2025, representing a 134% year-over-year increase, with May alone accounting for 26.5GW [5][8]. - Wind turbine public tenders totaled 61GW in the first half of 2025, with 49GW for onshore and 12GW for offshore, marking a 17% year-over-year increase [8]. - The average onshore wind turbine (WTG) ASP (tower excluded) was Rmb1,474/kW, up 4% year-over-year but down 11% month-over-month; offshore WTG ASP (tower included) averaged Rmb2,957/kW, down 13% month-over-month [8]. - As of the end of June 2025, 19.2GW of offshore wind projects were under construction, with 2.5GW newly commissioned year-to-date [8]. Summary by Sections Wind Power Installations - New wind installations were 46GW from January to May 2025, up 134% year-over-year, with May recording 26.5GW [5][8]. Tender and Pricing Overview - Wind turbine public tenders were 61GW in 1H25, with 49GW onshore and 12GW offshore, up 17% year-over-year [8]. - Onshore WTG ASP (tower excluded) averaged Rmb1,474/kW, up 4% year-over-year, while offshore WTG (tower included) averaged Rmb2,957/kW, down 13% month-over-month [8]. Project Development - Offshore wind projects: 19.2GW under construction as of end June, and 2.5GW newly commissioned year-to-date [8].