RWE is Latest to Stop U.S. Offshore Wind Activities
- German energy company RWE halted its U.S. Offshore wind activities recently.
- The company cited ongoing political and regulatory uncertainty for its exit.
- RWE introduced higher requirements for future investments in the United States.
- RWE CEO Markus Krebber stated, "We remain cautious given the political developments."
- This action raises concerns among energy investors about U.S. Project stability.
12 Articles
12 Articles
RWE Ditches U.S. Offshore Wind, and That Should Scare Everyone
Germany's RWE just pulled the plug on its U.S. offshore wind business. Quietly. No fireworks, no headlines about thousands of turbines scrapped—just a dry admission that it's "halting activities" in American waters. For one of Europe’s biggest green energy giants to walk away from a market as large as the U.S., in the middle of an energy transition no less, is not just a business decision. It’s a red flag. The exit—confirmed by a speech manuscri…
German company ends US offshore wind development, citing Trump
German energy company RWE said it stopped its offshore wind activities in the United States due to the Trump administration’s efforts to oppose the industry. “In the U.S., where we have stopped our offshore activities for the time being, our business in onshore wind, solar energy, and battery storage has so far been developing very dynamically,” RWE CEO Markus Krebber said in a speech manuscript. “Nevertheless, we remain cautious given the poli…
German company ends US offshore wind development, citing Trump policies
German energy company RWE said it stopped its offshore wind activities in the United States due to the Trump administration’s efforts to oppose the industry. “In the U.S., where we have stopped our offshore activities for the time being, our business in onshore wind, solar energy, and battery storage has so far been developing very... The post German company ends US offshore wind development, citing Trump policies appeared first on Daily Truth R…
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