• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Energywind power

Trump halts work on an offshore wind project that’s 80% complete, citing unspecified ‘national security interests’

By
Isabella O'Malley
Isabella O'Malley
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Isabella O'Malley
Isabella O'Malley
and
The Associated Press
The Associated Press
Down Arrow Button Icon
August 23, 2025, 7:00 PM ET
Wind turbines of South Fork Wind are seen off the coast of Block Island, R.I., Oct. 9, 2024.
Wind turbines of South Fork Wind are seen off the coast of Block Island, R.I., Oct. 9, 2024. Seth Wenig—AP Photo
Add Fortune on Google for similar content.

The Trump administration halted construction on a nearly complete offshore wind project near Rhode Island as the White House continues to attack the battered U.S. offshore wind industry that scientists say is crucial to the urgent fight against climate change.

Recommended Video

Danish wind farm developer Orsted says the Revolution Wind project is about 80% complete, with 45 out of its 65 turbines already installed.

Despite that progress — and the fact that the project had cleared years of federal and state reviews — the Bureau of Ocean Energy Management issued the order Friday, saying the federal government needs to review the project and “address concerns related to the protection of national security interests of the United States.”

It did not specify what the national security concerns are.

President Donald Trump has made sweeping strides to prioritize fossil fuels and hinder renewable energy projects. Trump recently called wind and solar power “THE SCAM OF THE CENTURY!” in a social media post and vowed not to approve wind or “farmer destroying Solar” projects. “The days of stupidity are over in the USA!!!” he wrote on his Truth Social site this week.

Scientists across the globe agree that nations need to rapidly embrace renewable energy to stave off the worst effects of climate change, including extreme heat and drought; larger, more intense wildfires and supercharged hurricanes, typhoons and rainstorms that lead to catastrophic flooding.

Rhode Island Gov. Dan McKee criticized the stop-work order and said he and Connecticut Gov. Ned Lamont “will pursue every avenue to reverse the decision to halt work on Revolution Wind” in a post on X. Both governors are Democrats.

Construction on Revolution Wind began in 2023, and the project was expected to be fully operational next year. Orsted says it is evaluating the financial impact of stopping construction and is considering legal proceedings.

Revolution Wind is located more than 15 miles (24 kilometers) south of the Rhode Island coast, 32 miles (51 kilometers) southeast of the Connecticut coast and 12 miles (19 kilometers) southwest of Martha’s Vineyard. Rhode Island is already home to one offshore wind farm, the five-turbine Block Island Wind Farm.

Revolution Wind was expected to be Rhode Island and Connecticut’s first commercial-scale offshore wind farm, capable of powering more than 350,000 homes. The densely populated states have minimal space available for land-based energy projects, which is why the offshore wind project is considered crucial for the states to meet their climate goals.

“This arbitrary decision defies all logic and reason — Revolution Wind’s project was already well underway and employed hundreds of skilled tradesmen and women. This is a major setback for a critical project in Connecticut, and I will fight it,” Connecticut Sen. Richard Blumenthal, a Democrat, said in a statement.

Wind power is the largest source of renewable energy in the U.S. and provides about 10% of the electricity generated in the nation.

“Today, the U.S. has only one fully operational large-scale offshore wind project producing power. That is not enough to meet America’s rising energy needs. We need more energy of all types, including oil and gas, wind, and new and emerging technologies,” said Erik Milito, president of the National Ocean Industries Association, a group that supports offshore oil, gas and wind.

Green Oceans, a nonprofit that opposes the offshore wind industry, applauded the BOEM’s decision. “We are grateful that the Trump Administration and the federal government are taking meaningful action to preserve the fragile ocean environment off the coasts of Rhode Island and Massachusetts,” the nonprofit said in a statement.

This is the second major offshore wind project the White House has halted. Work was stopped on Empire Wind, a New York offshore wind project, but construction was allowed to resume after New York Sen. Chuck Schumer and Gov. Kathy Hochul, both Democrats, intervened.

“This administration has it exactly backwards. It’s trying to prop up clunky, polluting coal plants while doing all it can to halt the fastest growing energy sources of the future – solar and wind power,” said Kit Kennedy, managing director for the power division at Natural Resources Defense Council, in a statement. “Unfortunately, every American is paying the price for these misguided decisions.”

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Isabella O'Malley
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Energy

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Energy

price-of-oil-06-23-2026
Personal FinanceOil
Current price of oil as of June 24, 2026
By Joseph HostetlerJune 24, 2026
1 hour ago
U.S. President Donald Trump winks during an executive order signing event in the Oval Office of the White House on June 22, 2026 in Washington, DC.
EconomyOil
Trump claims consumers are being ‘gouged’ by gas companies and orders DOJ price probe, as Bessent warns U.S. must avoid ‘foreign chokepoints’
By Eleanor PringleJune 24, 2026
3 hours ago
data
EnergyData centers
AI’s power hunger is turning electric utilities into Wall Street growth stocks — and customers may pay the price
By Conor Harrison and The ConversationJune 23, 2026
21 hours ago
iran
EnergyIran
The Strait of Hormuz is ‘open’ — but it’s mined, half-empty, and subject to tolls both sides say they might charge
By Wyatte Grantham-Philips, Mae Anderson and The Associated PressJune 23, 2026
23 hours ago
un
EnvironmentData centers
‘It is time to come clean’: UN Secretary General calls out AI companies on their climate impact
By Alexa St. John and The Associated PressJune 23, 2026
24 hours ago
Current price of oil as of June 23, 2026
Personal FinanceOil
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
1 day ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
1 day ago
The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
7 hours ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
1 day ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
1 day ago
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
2 days ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.