Oceantic Network

ENVIRONMENT

ENVIRONMENT

In yet another blow to the beleaguered US offshore wind industry, the Trump administration said last week it would pay developer Invenergy $765 million to walk away from four US wind leases, according to the LA Times newspaper.

24th June 2026

US offshore wind left adrift as Trump buys back leases

24th June 2026

ENVIRONMENT

ENVIRONMENT

Despite the headwinds facing the US offshore wind sector since Donald Trump re-took the White House, signs such as the ground-breaking of a subsea cable factory are showing that the industry is not giving up.

29th April 2025

US subsea cable facility breaks ground

29th April 2025

INDUSTRY NEWS

INDUSTRY NEWS

A decision by the US Department of Interior to halt an Equinor offshore wind farm ‘should send chills across all industries investing in and holding contracts with the United States,” said president…

17th April 2025

Choppy waters for US offshore wind as Equinor project binned

17th April 2025

ENVIRONMENT

ENVIRONMENT

The New Jersey Board of Public Utilities has cancelled its fourth offshore wind project, citing ‘political headwinds’ and ‘recent federal actions’.

4th February 2025

Trump effect hits New Jersey offshore wind

4th February 2025

INDUSTRY NEWS

INDUSTRY NEWS

Offshore wind association Oceantic Network has reacted with dismay after Donald Trump signed an executive order to pause wind energy leasing and permitting on his first day in office.

21st January 2025

US offshore wind activity ‘paused’ under Trump

21st January 2025

ENVIRONMENT

ENVIRONMENT

The Oceantic Network has painted a picture of growth for the third quarter of 2024, dubbing it a story of momentum; however it also says private investment and activity ‘are decelerating’.

31st October 2024

US offshore wind ‘a story of momentum’

31st October 2024

ENVIRONMENT

ENVIRONMENT

The US offshore wind industry appears to finally be gathering pace, with several decisions being made around the country in recent days.

30th July 2024

US offshore wind gathers pace

30th July 2024