Wind

(Reuters) – President Donald Trump’s administration has brought U.S. onshore ​wind development to a halt, citing national security concerns, ‌the Financial Times reported on Sunday. Approvals for about 165 onshore wind projects on private lands are being held up by the ​Pentagon, FT said, citing the American Clean Power Association ​and people close to the …

Trump Administration Cites National Security to Halt US Wind Farm Projects Read More »

    U.S. officials are drafting agreements to pay French oil major TotalEnergies about $1 billion in ​settlements due to the cancellation of leases for its wind farms in ‌federal waters off New York State and North Carolina, the New York Times reported on Tuesday. Under the terms of the proposed settlements, ​the U.S. Interior …

US Weighs Near $1 Billion Settlement With TotalEnergies for Abandoning Wind Farms, NYT Reports Read More »

By Jonathan Stempel and Katha Kalia PacifiCorp has warned of liquidity concerns from Oregon wildfire PGE to acquire natural gas, wind, utility assets Transaction may close in more than one year Feb 17 (Reuters) – PacifiCorp, a utility owned by Berkshire Hathaway (BRKa.N), is selling wind, natural gas generation and distribution assets and infrastructure in …

Berkshire-Owned PacifiCorp, Citing Liquidity, Sells Washington Assets to Portland General Electric for $1.9 Billion Read More »

By Vallari Srivastava and Sumit Saha Jan 28 (Reuters) – GE Vernova (GEV.N) said on Wednesday that its wind power unit might take about $250 million revenue hit this year due to installation delays at an offshore Massachusetts project and that it was expecting a drop in order backlog. The company said the failure to …

GE Vernova’s Wind Setbacks Overshadow Strong Showing From Power, Electrification Units Read More »