Ørsted’s “American nightmare” continued as the Danish developer announced DKK 12.1 billion (€1.6 billion) in impairments for 2024 – an amount described as both a “big surprise” and a “massive disappointment” by Sydbank analyst Jacob Pedersen.

US President Donald Trump has issued an executive order calling for an indefinite pause on seabed leasing for offshore wind on the country’s outer continental shelf. He also ordered a review of existing offshore wind seabed leases and asked federal agencies to stop issuing permits for wind farms – onshore or offshore.

Ørsted announced a DKK 12.1 billion (€1.6 billion) impairment for 2024 after its US renewables portfolio was hit by higher costs and its seabed leases plunged in value, while it also flagged a delay to its Sunrise Wind project.

Vineyard Wind must remove all installed turbine blades manufactured at LM Wind Power’s factory in Gaspé, Canada, as it resumes construction following a breakage, the US Bureau of Ocean Energy Management (BOEM) announced.

Donald Trump vowed to declare a “national energy emergency” and “end the Green New Deal” as he was again sworn in as US president in Washington today (20 January).

Today is the final day to complete Windpower Monthly’s annual ‘state of the industry’ survey.

Europe will be able to manufacture more than enough wind turbines to meet its steep annual EU installation targets by the end of this year, according to the head of industry body WindEurope. 

Chinese wind turbine manufacturer CRRC Corporation has installed its 20MW floating offshore wind turbine, making the unit one of the largest and most powerful turbines installed to date. 

Chinese wind turbine manufacturers face unfair barriers from the EU that hinder their ability to compete with European rivals, the Chinese government has concluded in a report.