Trump, Wind Farm
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Shares of offshore wind developer Orsted rose 15% on Tuesday after the U.S. administration revoked an order to halt work on a project by peer Equinor, easing concerns over the Danish company's U.S. projects under development.
European stocks were gaining on Tuesday and renewable-energy companies were prominent among the gainers after the Trump administration lifted its block on the Empire Wind energy project off the coast of New York.
Norway's Equinor (NYSE:EQNR) and Poland's Polenergia said they made a final investment decision for a project to build two wind farms off the Polish coast of the Baltic Sea, Reuters reported Monday. The two wind farms,
Denmark will launch an offshore wind tender with a capacity of three gigawatt (GW), enough to power three million homes, its energy ministry said on Monday, offering subsidies to developers of up to 55.
Rounds of severe weather are expected Monday evening, and much of the Kansas City area is under a tornado watch until 9 p.m. Aside from tornadoes, destructive winds and hail are also possible throughout the evening.
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Western Antelope Valley Foothills and Antelope Valley are under an updated wind advisory which was issued by the National Weather Service on Monday at 2:03 a.m. The advisory is in effect until 3