New England wind farm construction to restart after court blocks Trump order to stop work

New England wind farm construction to restart after court blocks Trump order to stop work


Attendees during a media tour of the Revolution Wind construction hub at the Port of Providence in Providence, Rhode Island, US, on Thursday, June 13, 2024.

Adam Glanzman | Bloomberg | Getty Images

Danish renewable energy company Orsted will restart work “as soon as possible” on a wind farm off the coast of New England, after a federal judge on Monday blocked the Trump administration from enforcing a stop work order.

“Revolution Wind will resume impacted construction work as soon as possible, with safety as the top priority,” Orsted said in a statement Monday.

The judge’s decision is a setback for President Donald Trump’s effort to shut down the nascent offshore wind industry in the U.S.

The Interior Department had ordered Orsted on Aug. 22 to halt construction on Revolution Wind off the coast of Rhode Island and Connecticut. The project is fully permited and 80% complete. It would provide power for more than 350,000 homes.

Orsted and its partner Skyborn Renewables had asked the United States District Court for the District of Columbia to halt Interior’s stop-work order, arguing that it was aribtrary, capricious, unlawful and “issued in bad faith.”

While the judge granted the injunction request, a full opinion has yet to be filed.

Trump has targeted the wind power industry since his first day in office, when he banned new leases for offshore wind farms. But the industry had hoped that fully permitted wind projects, particularly those that are already under construciton, would be allowed to proceed.

Interior Secretary Doug Burgum said earlier this month that he is “taking a deep look” at five offshore wind projects in the U.S. that are under construction. Burgum made clear that Trump wants to shut down the offshore wind industry.

“Under this administration, there is not a future for offshore wind because it is too expensive and not reliable enough,” Burgum told an audience at the Gastech conference in Milan, Italy, on Sept. 11.

Don’t miss these insights from CNBC PRO



Source

Charles Schwab to launch direct bitcoin, ethereum trading to compete with Robinhood
World

Charles Schwab to launch direct bitcoin, ethereum trading to compete with Robinhood

Cheng Xin | Getty Images News | Getty Images Charles Schwab is rolling out crypto trading, allowing clients to buy bitcoin and ether through a new arm called Schwab Crypto, the company said Thursday.  The move places the brokerage in direct competition with companies like Robinhood, which serves a comparitively younger clientele and also blends […]

Read More
ECB keeps markets guessing on rates with two weeks to go, warns of ‘layer cake of shocks’
World

ECB keeps markets guessing on rates with two weeks to go, warns of ‘layer cake of shocks’

With less than 2 weeks remaining until the next European Central Bank meeting, the bloc’s policymakers appear undecided on the future of interest rates. Financial markets are currently pricing in a hold at the April 29-30 meeting, followed by a hike in June, according to LSEG data. The majority of traders expect the ECB’s key […]

Read More
European stocks rise as UK GDP jumps and Iran peace talks remain in focus
World

European stocks rise as UK GDP jumps and Iran peace talks remain in focus

A woman walks past mockups of Iranian missiles along Valiasr Square in Tehran on April 6, 2026. Atta Kenare | Afp | Getty Images LONDON — European stocks followed Asian markets higher on Thursday, as investors assess strong U.K. GDP data and Eurozone inflation data for March. Markets also continue to keep a close eye […]

Read More