Orsted Moves to Save Its U.S, Wind Farm Projects
The New York Times • • general
Key Points:
- Orsted, a Danish wind farm developer, plans to quickly complete the $6.2 billion Revolution Wind project off Rhode Island after a judge blocked President Trump's attempt to halt it, with seven turbines left to install and power generation expected within weeks.
- Revolution Wind is set to supply electricity to 350,000 homes in Rhode Island and Connecticut, while Orsted's Sunrise Wind project off New York remains halted, both part of five East Coast wind farms stopped by the Trump administration over national security concerns.
- The halted projects represent a $25 billion investment and were expected to create 10,000 jobs, but ongoing legal challenges and potential new federal obstacles keep their futures uncertain.
- Orsted is focusing on Europe for offshore wind development
