The acquisition will be supported by financial backing from J&V Energy's partners, Taiwan Life Insurance and He Jun Energy.

The president’s order has no immediate effect on offshore wind leases already authorized, including two large areas off California’s coast. But it sends a current of uncertainty through the fledgling renewable energy industry,

President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.

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

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.

The first Trump administration lost more than three-quarters of the court cases against its regulatory actions, according to New York University’s Institute for Policy Integrity. Many of those cases were brought by state attorneys general, including New York’s.

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.

With wind energy facing a deep freeze from Washington, Gov. Hochul’s call for advancing nuclear power may prove crucial for the state to hit climate targets while courting energy-hungry high tech, experts said.

The work began in the midst of a deep recession marked by soaring petroleum prices, in a state with the greatest dependence on heating oil. Baldacci and other advocates saw ocean energy as a tool to free Maine from its imported petroleum addiction.

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.

Offshore wind once appeared likely to be part of NC’s energy future. Now, a Trump executive order raises questions for the industry.