Americas > Orsted slashes investment plans in wake of Trump’s offshore wind lease suspension

Orsted slashes investment plans in wake of Trump’s offshore wind lease suspension

Published 13:41 on February 6, 2025  /  Last updated at 13:41 on February 6, 2025  / /  Americas, Asia Pacific, EMEA, International

The world’s biggest offshore wind developer Orsted has slashed investment by 25% up to 2030 in the wake of challenges to the renewable energy industry and the decision by US President Donald Trump to suspend new leases for offshore wind in the US.
The world’s biggest offshore wind developer Orsted has slashed investment by 25% up to 2030 in the wake of challenges to the renewable energy industry and the decision by US President Donald Trump to suspend new leases for offshore wind in the US.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.