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The Guardian - UK
The Guardian - UK
Environment
Jillian Ambrose

Trump victory raises risk of investing in offshore wind projects, says RWE

RWE Alistair PhillipsDavies Donald Trump United States SSE United Kingdom Europe
Offshore wind turbines
Renewable developers have been forced to compete for supplies of products used for green projects in recent years as demand for new wind farms has risen. Photograph: Tom Little/Reuters

A German energy firm has said that Donald Trump’s election victory has increased the risks of investing in offshore wind projects – but his return to the White House could help bolster Britain’s renewables sector, according to UK developer SSE.

Germany’s RWE has cut its spending plans and warned that, as a result of the US election, “the risks for offshore wind projects have increased”.

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