ReferIndia News Orsted's Offshore Wind Project Halted Amid U.S. Political Tensions

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Orsted's Offshore Wind Project Halted Amid U.S. Political Tensions

Published on: Aug. 25, 2025, 4:27 p.m. | Source: Devdiscourse

Orsted's Revolution Wind project faces a halt in the U.S., impacting the offshore wind market as President Trump curbs renewable energy investments. Despite setbacks, Orsted plans a $9.4 billion rights issue to fortify its business. Analysts suggest diplomatic solutions may resolve the suspension.

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