Offshore wind developers are renewing interest in the Gulf of Mexico, with two companies submitting plans to the US Bureau of Ocean Energy Management (BOEM). 

Offshore wind cable supplier Nexans is prepared to export the output of its South Carolina manufacturing plant to Europe and elsewhere if the US offshore wind sector is stymied during the next Trump administration.

The US Treasury has issued a final rule for the 45X advanced manufacturing tax credits, including for wind power components. The latest ruling on Inflation Reduction Act (IRA) provisions gives investors the certainty needed to continue backing domestic supply chains, the American Clean Power Association (ACP) claimed.

US president-elect Donald Trump has selected fossil fuel fracking executive Chris Wright as his nominee for energy secretary. Wright has also argued that climate change is not a “crisis”.

Italian utility Enel intends to make onshore wind and dispatchable generation sources like hydroelectric power and batteries the main pillars of its €12 billion renewables spending plan over the next three years.