Posted on March 12, 2025
In the latest sign of pullback in US offshore wind, Germany’s RWE announced it was reducing staff due to heightened market risk amid President Donald Trump’s mounting hostility toward the sector.
RWE, currently the world’s biggest offshore wind developer, has substantial industry-related lease holdings on all three American coastlines.
“With the current regulatory and political environment, we have made the decision to reduce the scope of our development activities.
