Wind Energy Industry News
A collection of Wind Energy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump administration to buy back another energy company's offshore wind leases for 4 more projects
The Trump administration said Wednesday it's buying back another energy company's U.S. offshore wind leases for four more wind projects, bringing the total amount spent on these agreements to nearly $2.6 billion. Chicago-based Invenergy has agreed…
Trump administration paying another company to give up wind leases, invest in gas and geothermal
The Trump administration is paying yet another company to give up the right to build wind energy offshore, saying the firm will invest in gas plants and geothermal energy instead. The Interior Department announced on Wednesday that it had reached a…
SANY Ships Core Equipment for First Wind Project in Latin America, Advancing Global Energy Transition
TIANJIN, China, June 17, 2026 /CNW/ -- SANY Renewable Energy Co., Ltd., a listed company of SANY Group, recently shipped the core equipment for its first wind power project in Chile, the 18 MW PURRANQUE project, from the Port of Tianjin. The…
Interior Department kills four more offshore wind projects in $765 million deal
The agreement involves paying the Invenergy affiliates $765 million, which will be redirected to investments in fossil fuels, including the development of natural gas-fired power plants in Indiana, Wisconsin, Iowa, Kansas, and Missouri. It will…
MOU opens Hormuz, lifts sanctions on Iran's oil
Vice President Vance is expected to formally sign the memorandum of understanding on Friday. Under the MOU, Iran will make arrangements to allow commercial ships to safely traverse the Strait of Hormuz for 60 days. Iran also agreed to speak with…
Trump administration to pay $765M to cancel more offshore wind leases
The Trump administration said it will buy back offshore wind leases for four more projects, pushing total spending on the agreements to nearly $2.6 billion. Chicago -based Invenergy is the latest company to agree to terminate its four offshore wind…
Expanding and deepening climate reporting through local messengers
Since 2021, the MIT Environmental Solutions Journalism Fellowship has supported local and regional journalists in reporting high-impact news stories that connect climate change with local priorities. Now, the MIT Climate Project has published a…
Why EOS Energy Stock Popped Today
EOS Energy Enterprises (EOSE +7.34%) aims to be a domestic solution for supplying battery energy storage systems to utility, industrial, and hyperscaler energy needs. Today, it announced it will also be entering the European market. Shares jumped…
Green energy trust scraps dividend and heads for wind-down, leaving investors nursing heavy losses
Shares in SDCL Efficiency Income Trust fell by 11½p, or 25 per cent, to a record low of 34½p on Tuesday after the trust said it would not pay a fourth interim dividend for the last financial year and would suspend future cash…
B.C.'s new industrial projects face 90% electricity shortfall, warn experts
B.C. industry could face a 90 per cent shortfall in electricity over the next decade—a time the province is moving to allocate electricity to fast-tracked mines, AI data centres and new gas export terminals. That's according to the authors…
German grid connection deal to boost North Sea wind power
It comes as Germany and other northern European nations race to build climate-friendly wind power in the sea to achieve greater energy independence from foreign suppliers. 50Hertz, one of Germany's main grid operators, said the project, called…
Invenergy Exits Offshore Wind in Settlement With Trump Administration
Invenergy is the latest energy developer to exit U.S. offshore wind, agreeing to a settlement with the Interior Department to relinquish four offshore wind leases. The company will receive $765 million, a partial refund of the money it previously…
Celtic Freeport sets out five-year growth and delivery plan
The southwest Wales-based Celtic Freeport has published a five-year plan highlighting how it intends to bring in jobs and investment to the area as well as establishing it as a leading hub for energy, manufacturing, and engineering. Opened in…
Trump Administration Concedes Defeat on Wind Farm Freeze
[Updated: Wed., June 17, 2026, 2:22pm] “It's a horrible thing,” “They're killing us,” President Trump has said of wind farms with typical hyperbole. Most atypically, the Trump administration conceded defeat after a court…
Timken (NYSE:TKR) Hits New 12-Month High - Still a Buy?
Timken Company (The) (NYSE:TKR - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $143.45 and last traded at $143.1790, with a volume of 122324 shares changing hands. The stock had…
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