Major offshore wind developer has stopped activities in United States
FRANKFURT (Reuters) -One of the world's top offshore wind developers, Germany's RWE, has stopped work on its U.S. projects for now in light of recent moves against the industry by the Trump administration, its CEO said in a text published ahead of the firm's annual meeting. The comments by Markus Krebber are a heavy blow to the nascent U.S. offshore wind market, which was a key pillar of former U.S. President Joe Biden's energy policy but which his successor Donald Trump has vowed to stop. Krebber's remarks come a week after Norwegian peer Equinor said it would halt offshore construction of its Empire Wind I project off the coast of New York because it received a stop-work order from U.S. Interior Secretary Doug Burgum.