Equinor, Orsted Engaging With US Over Offshore Wind Suspension
Equinor ASA and Orsted A/S said they are engaging with US authorities over security concerns tied to their offshore wind projects, after the Trump administration issued another round of work suspension orders.
The US announced on Monday it would suspend leases for all five wind farms under construction off the East Coast, citing national security concerns that the turbines may interfere with radar systems. The five projects represent about $28 billion in total committed capital, according to BloombergNEF.