{"id":58205,"date":"2026-08-07T10:44:37","date_gmt":"2026-08-07T10:44:37","guid":{"rendered":"https:\/\/news.godj.com\/news\/us-strikes-1-2bn-deal-to-pay-german-firm-to-halt-offshore-wind-projects\/"},"modified":"2026-08-07T10:44:37","modified_gmt":"2026-08-07T10:44:37","slug":"us-strikes-1-2bn-deal-to-pay-german-firm-to-halt-offshore-wind-projects","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/us-strikes-1-2bn-deal-to-pay-german-firm-to-halt-offshore-wind-projects\/","title":{"rendered":"US strikes $1.2bn deal to pay German firm to halt offshore wind projects"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Overall, the German firm plans to invest approximately \u20ac17bn (\u00a314.5bn; $19.6bn) in the US over the next six years &#8220;to grow its generation capacity&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Interior Secretary Doug Burgum said in a statement posted on X that Americans deserve an energy system built on common sense and not one dependent on &#8220;costly subsidies&#8221;. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;We welcome RWE&#8217;s agreement and voluntary investment in projects that strengthen our nation&#8217;s energy security,&#8221; he added.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The deal is the latest the Trump administration has reached this year as Trump, a vocal supporter of the fossil fuel industry, continues his push to halt offshore wind projects.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Trump has sought to boost government support for fossil fuels after campaigning for the presidency under <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/ce85709xdk4o\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\">the slogan &#8220;drill, baby, drill&#8221;.<\/a><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Days after his return to office, he said &#8220;we&#8217;re not going to do the wind thing&#8221; and called them &#8220;big, ugly windmills&#8221; that were dangerous to wildlife.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In March 2026, the DoI reached a deal with TotalEnergies putting an end to the French company&#8217;s offshore wind projects in the US.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Instead, the firm agreed to reroute investment to build a LNG plant in Texas and to develop &#8220;upstream conventional oil&#8221; in the Gulf of Mexico.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The administration signed a similar $129bn (\u00a396bn) agreement with Charlotte-based Duke Energy last month in exchange for the termination of the company&#8217;s offshore wind lease in the Carolina Long Bay area.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c1e1vg0gjl5o?at_medium=RSS&#038;at_campaign=rss\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overall, the German firm plans to invest approximately \u20ac17bn (\u00a314.5bn; $19.6bn) in the US over the next six years &#8220;to grow its generation capacity&#8221;. Interior Secretary Doug Burgum said in a statement posted on X that Americans deserve an energy system built on common sense and not one dependent on &#8220;costly subsidies&#8221;. &#8220;We welcome RWE&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-58205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-canada"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/58205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=58205"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/58205\/revisions"}],"predecessor-version":[{"id":58207,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/58205\/revisions\/58207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/58206"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=58205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=58205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=58205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}