Offshore industries face competing pressures: China tightens control over debt issuance and tech transfers while the Trump administration halts U.S. wind projects through buyouts, even as European developers expand renewable capacity and markets debate wind farm viability.
·Trump administration pays Duke Energy $129 million to terminate North Carolina offshore wind lease
·China implements landmark law asserting control over offshore tech transfers
·Beijing restricts issuance of higher-yielding offshore corporate debt
·Vattenfall advances 1.6-GW Nordlicht offshore wind cluster in Europe
·Regional support for offshore wind varies significantly across U.S. East Coast states
drawn from Bloomberg.com, Reuters, South China Morning Post, The New York Times · updated 9h ago