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Latest News - Wind Power Industry
New Jersey scraps Atlantic Shores offshore wind power deal
(Fri, 15 Aug 2025)
New Jersey has terminated the offtake agreement for EDF’s planned 1.5GW Atlantic Shores 1 offshore wind farm after inflation, supply chain constraints and President Donald Trump’s anti-wind actions made the project “no longer viable”.
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Ørsted credit rating downgraded to near-junk status after US offshore wind woes (Fri, 15 Aug 2025)
Financial ratings agency S&P Ratings downgraded Ørsted’s credit rating to one level above junk status, largely due to the developer’s inability to sell a 50% stake in its Sunrise Wind offshore wind project in the US.
>> Read More
Vestas CEO expects US wind turbine orders to continue despite Q2 slowdown (Thu, 14 Aug 2025)
Vestas CEO Henrik Andersen expects to continue receiving US onshore wind orders despite President Donald Trump’s all-out assault on the sector.
>> Read More
RWE profit hit by weak European winds (Thu, 14 Aug 2025)
RWE reported a drop in profits in the first half of 2025, as unusually low wind speeds across Europe offset gains from new capacity, while worse trading and power sales results also hit the company's bottom line.
>> Read More
TPI boss: Why wind power blade giant filed for ‘reorganisation bankruptcy’ (Wed, 13 Aug 2025)
TPI Composites’ CEO detailed a long list of macroeconomic headaches – from the challenges of Chinese rivals to US President Donald Trump – that have buffeted the blade maker as the company filed for ‘reorganisation bankruptcy’ this week.
>> Read More
India scraps two offshore wind auctions due to lack of interest (Wed, 13 Aug 2025)
India has called off two major offshore wind tenders due to a lack of interest, according to analysts.
>> Read More
New Jersey has terminated the offtake agreement for EDF’s planned 1.5GW Atlantic Shores 1 offshore wind farm after inflation, supply chain constraints and President Donald Trump’s anti-wind actions made the project “no longer viable”.
>> Read More
Ørsted credit rating downgraded to near-junk status after US offshore wind woes (Fri, 15 Aug 2025)
Financial ratings agency S&P Ratings downgraded Ørsted’s credit rating to one level above junk status, largely due to the developer’s inability to sell a 50% stake in its Sunrise Wind offshore wind project in the US.
>> Read More
Vestas CEO expects US wind turbine orders to continue despite Q2 slowdown (Thu, 14 Aug 2025)
Vestas CEO Henrik Andersen expects to continue receiving US onshore wind orders despite President Donald Trump’s all-out assault on the sector.
>> Read More
RWE profit hit by weak European winds (Thu, 14 Aug 2025)
RWE reported a drop in profits in the first half of 2025, as unusually low wind speeds across Europe offset gains from new capacity, while worse trading and power sales results also hit the company's bottom line.
>> Read More
TPI boss: Why wind power blade giant filed for ‘reorganisation bankruptcy’ (Wed, 13 Aug 2025)
TPI Composites’ CEO detailed a long list of macroeconomic headaches – from the challenges of Chinese rivals to US President Donald Trump – that have buffeted the blade maker as the company filed for ‘reorganisation bankruptcy’ this week.
>> Read More
India scraps two offshore wind auctions due to lack of interest (Wed, 13 Aug 2025)
India has called off two major offshore wind tenders due to a lack of interest, according to analysts.
>> Read More
