Denmark's Ørsted has filed a lawsuit against the US government over its decision to suspend work on a $5 billion offshore wind project off the coast of New York, citing the move as a violation of applicable law. The company, which is Europe's largest offshore wind developer, had been awarded a lease for the site but the Trump administration suddenly halted construction 10 days ago, citing "national security risks".
The suspension has sent shockwaves through the renewable energy industry, with many seeing it as an attempt by President Trump to block major offshore wind projects from moving forward. The move comes months after the administration issued a "stop-work order" against Ørsted's Revolution Wind project in August, despite having already secured all required permits.
Ørsted claims that the suspension would cause "substantial harm" to the project, which is now almost 90% complete and on track to begin delivering electricity to US homes in 2026. The company has also stated that it had installed all offshore foundations and 58 of the project's 65 wind turbines.
The decision has been widely criticized by environmentalists and lawmakers, with some accusing President Trump of prioritizing fossil fuel interests over renewable energy. Ørsted shares have taken a hit following the announcement, but rose nearly 4% on Friday after news broke that the company had filed a court challenge against the government's decision.
In a statement, Ørsted said it was taking legal action to protect its rights and avoid "substantial harm" to the project. The company claims that the suspension order violates applicable law and is seeking an injunction to prevent further delays.
The suspension has sent shockwaves through the renewable energy industry, with many seeing it as an attempt by President Trump to block major offshore wind projects from moving forward. The move comes months after the administration issued a "stop-work order" against Ørsted's Revolution Wind project in August, despite having already secured all required permits.
Ørsted claims that the suspension would cause "substantial harm" to the project, which is now almost 90% complete and on track to begin delivering electricity to US homes in 2026. The company has also stated that it had installed all offshore foundations and 58 of the project's 65 wind turbines.
The decision has been widely criticized by environmentalists and lawmakers, with some accusing President Trump of prioritizing fossil fuel interests over renewable energy. Ørsted shares have taken a hit following the announcement, but rose nearly 4% on Friday after news broke that the company had filed a court challenge against the government's decision.
In a statement, Ørsted said it was taking legal action to protect its rights and avoid "substantial harm" to the project. The company claims that the suspension order violates applicable law and is seeking an injunction to prevent further delays.
. The suspension of Ørsted's $5 billion offshore wind project, despite all required permits being secured months prior, seems more like a case of regulatory overreach rather than genuine national security concerns 
. I think it's high time for the Trump administration to reevaluate its stance on renewable energy and consider the long-term benefits that come with investing in sustainable projects 
. The fact that Ørsted has installed most of the project's infrastructure and is almost 90% complete only adds to the sense of injustice 
. It's disheartening to see the administration's actions potentially set back progress on reducing carbon emissions and promoting a cleaner energy future 
.
. I mean, can you imagine if all those offshore wind turbines just got scrapped? It's like, what's going on with this "national security risk" excuse 
. All that work is done, 58 out of 65 turbines installed... it's crazy to think about just throwing it all away 
.
. We're already dealing with climate change and pollution, do we really need to keep fossil fuels flowing? 
It seems like this decision is more about big oil interests than actual concerns for public health or the planet 
.
. We need more renewable energy, not less 
. I mean, can't you just follow the rules and do what's best for the planet? 
but noooo, it seems like Trump is more interested in lining the pockets of fossil fuel companies than actually doing anything about climate change 
. and now Ørsted has to take the company to court just because they followed procedure? 
it's just common sense to allow projects to move forward if they've got all their ducks in a row, right? 
. National security risks? Come on, it's offshore wind turbines! They're not going to blow up or anything 
. Ørsted's got a solid case against them, so I hope they can get that injunction and get back on track 
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It's getting old, fam 
. And now Ørsted's all up in arms, suing them for violating the law and stuff 
. I'm all for renewable energy, but come on, can't we just let the market work out its own thing? It's like they're playing politics with people's jobs and futures 
But I guess we'll have to wait and see what happens next. One thing for sure, it's a big deal for renewable energy in the US! 
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can't believe the trump admin would do this, especially after they'd already gotten all the permits 
which is like, super close to 2026... I feel for them! 
. It feels like President Trump is trying to hold back the tide, you know? 
Newsflash: offshore wind is the future! 
We need more projects like this, not less.
. I hope the courts rule in their favor, or else we'll be looking at a lot more fossil fuel dominance 
it's just not fair that their efforts are being put on hold like this.