Renewable Energy (Offshore Wind)
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Shell's US executive says Trump's halting of wind projects harms investment, FT reports
Reuters· 2025-10-05 09:51
Core Viewpoint - The Trump administration's decision to halt fully permitted offshore wind energy projects is considered "very damaging" to investment according to Shell U.S. President Colette Hirstius [1] Group 1 - The halt on offshore wind energy projects could negatively impact investment in the renewable energy sector [1] - Shell U.S. emphasizes the importance of offshore wind energy for future energy strategies [1]
Orsted jump 9% as US court clears restart of $5 billion Revolution Wind project
Invezz· 2025-09-23 08:01
Core Viewpoint - Shares in Orsted surged 9% following a US federal court's decision to allow the company to resume construction of its nearly completed Revolution Wind offshore project [1] Company Summary - Orsted's stock experienced a significant increase of 9% on Tuesday, indicating positive market sentiment towards the company's future prospects [1] - The US federal court's ruling is a crucial development for Orsted, as it enables the continuation of the Revolution Wind offshore project, which is nearing completion [1] Industry Summary - The decision by the US federal court reflects a supportive regulatory environment for offshore wind projects, which may encourage further investments in renewable energy [1] - The resurgence of construction activities in offshore wind projects aligns with the broader trend of increasing focus on sustainable energy solutions within the energy sector [1]