U.S. Wind Farming, Inc. Price & Performance (USWF)

National Grid has recognized a £303 million impairment after pausing its Community Offshore Wind project, reflecting the broader challenges facing the US offshore wind sector. The decision follows regulatory uncertainty and a federal halt on new leases, leading to a significant drop in National Grid Ventures’ annual operating profit.12

US Wind has announced a $20 million proposal to aid commercial fishermen in Maryland and Delaware, including grants for harbor maintenance and business development. The initiative, developed with state agencies, comes as the company faces policy headwinds and seeks to address local concerns related to its offshore wind project.34

All new electricity generating capacity added in the US during March came from solar and wind sources, highlighting the ongoing shift toward renewables. This milestone arrives despite recent policy reversals and project delays affecting the offshore wind sector, underscoring the resilience of clean energy growth.56