Attendees during a media tour of the Revolution Wind construction hub at the Port of Providence in Providence, Rhode Island, US, on Thursday, June 13, 2024.The Danish renewable energy company Orsted sued the Trump administration on Thursday to prevent it from blocking the completion of a wind farm off the coast of New England. The Interior Department abruptly ordered Orsted on August 22 to halt construction on Revolution Wind off the coast of Rhode Island and Connecticut. The fully permitted project is 80% ...

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 ...

The Trump administration is moving to block the development of more offshore wind projects https://t.co/tLsf0zptG0 ...

The Trump administration plans to reconsider a permit issued to a large wind farm off the coast of Massachusetts, the latest move in its campaign to stymie the US offshore wind industry https://t.co/qlqGfaMwuT ...

Orsted is suffering from Donald Trump’s grudge against “windmills” https://t.co/jr3X8708N1 ...

Core Insights - The U.S. Treasury Department clarified eligibility for clean energy tax credits under the "One Big Beautiful Bill," easing investor concerns with clear qualification criteria [1] - The legislation phases out tax credits for new renewable energy projects unless construction begins by July 4, 2026 [1] Group 1: Tax Credit Guidelines - Projects remain eligible under the 5% "safe harbor" rule if developers invest at least 5% of total project costs and complete construction within four years [2] - Larger installations must demonstrate that "physical work of a significant nature" has begun to qualify for tax credits, moving away from the 5% safe harbor for these projects [2] Group 2: Analyst Reactions - Analysts at Jefferies viewed the update as a "clear win" for residential solar, alleviating fears of stricter rules and retroactive changes [3] - Citi analysts noted the guidance was "better than anticipated," as it was not retroactive and the investment threshold did not increase above 10% [3] Group 3: Market Performance - Clean energy ETFs, such as Wilderhill Clean Energy Invesco ETF (PBW) and Nasdaq Green Energy Index ETF (QCLN), are at a 52-week high [4] - Electric vehicle ETFs have rallied due to favorable clean energy regulations and Ford's $5 billion U.S. investment plan, alongside a potential rate cut by Fed Chair Powell [5] - Tesla shares rose over 6% in one day, contributing to a 3% weekly gain, positively impacting EV ETFs like iShares Self-Driving EV and Tech ETF (IDRV) [6]

A group led by Mitsubishi withdrew from three offshore wind projects in Japan — the latest global setback for the sector. https://t.co/gXa20GHTPf ...

Equinor, the Norwegian energy company that owns a 10% holding in Orsted, is sharing lessons-learned with the Danish wind developer after President Donald Trump’s administration ordered construction halted on an almost-finished offshore wind farm in the US https://t.co/ZwEl1ChMmB ...

Group 1 - Orsted's shares fell approximately 17% following a U.S. government order to halt construction on a nearly completed project [1] - The U.S. order, announced late on Friday, has pressured Orsted's plans to raise capital [2] - Orsted plans to proceed with a 60 billion Danish kroner ($9.4 billion) rights issue, supported by its majority stakeholder, the Danish state [2]

Group Overview - Ignitis grupė has announced that Silesia wind farm II has reached its commercial operation date (COD) [1] - The wind farm is located in Opole voivodeship, Poland, and features 38 Nordex N117/3600 wind turbines with a total capacity of 136.8 MW [2] - Silesia wind farm II can supply electricity to approximately 177,000 households annually, making it one of the largest wind farms in Poland [2] Investment and Capacity Expansion - The total investment for Silesia wind farm II is projected to be up to EUR 240 million, covering acquisition and construction costs [2] - With the completion of Silesia wind farm II, the Group's installed Green Capacities have increased to 2.1 GW, up from 1.9 GW [3] - The Group aims to expand its Green Capacities from 1.4 GW in 2024 to a target of 4–5 GW by 2030 [3]