With President Trump's executive actions, some wind projects off the Massachusetts coast, such as the SouthCoast wind project, could be dead in the water.

U.S. President Donald Trump suspended new federal offshore wind leasing on his first day back in the Oval Office on Jan. 20, pending an environmental and economic review. On the same day, Danish energy company Orsted,

The market for offshore wind is changing direction, and it's not blowing Somerset's way. How did its $300M Prysmian deal fall through?

Pine Wind Power Co., Ltd (Pine Wind) has entered into an agreement to acquire from Macquarie Asset Management (Macquarie) its 26% equity and debt interest in Formosa 2 International Investment Co., Ltd,

By Stine Jacobsen COPENHAGEN (Reuters) -Shares in European wind power companies fell on Tuesday after U.S. President Donald Trump suspended offshore leasing for wind on his first day in office, adding to pain in an industry that had turned to the U.

GE Vernova, which has significant operations in downtown Schenectady, said Wednesday it had $10.6 billion in revenue during the last three months of 2024.

“We are proud to announce [Bureau of Ocean Energy Management’s] final approval of the SouthCoast Wind project, the nation’s eleventh commercial-scale offshore wind energy project, which will power more than 840,000 homes,” Elizabeth Klein, director of BOEM, said in a statement.

Trump's order has no immediate effect on wind leases already authorized. But it sends a current of uncertainty through the fledgling renewable energy industry, which relies on government support.

U.S. President Donald Trump suspended new federal offshore wind leasing on his first day back in the Oval Office on Jan. 20, pending an environmental and economic review.

President Trump calls for a temporary offshore wind moratorium. Here's what to know about the executive order and US Wind proposal

While Trump has pivoted back to policies favoring oil and gas, some stakeholders are bullish on the prospects for geothermal.