US strikes $1.2bn deal to pay German firm to halt offshore wind projects
- Overall, the German firm plans to invest approximately €17bn (£14.5bn; $19.6bn) in the US over the next six years "to grow its generation capacity".
- Interior Secretary Doug Burgum said in a statement posted on X that Americans deserve an energy system built on common sense and not one dependent on "costly subsidies".
- "We welcome RWE's agreement and voluntary investment in projects that strengthen our nation's energy security," he added.
Unverified
- Overall, the German firm plans to invest approximately €17bn (£14.5bn; $19.6bn) in the US over the next six years "to grow its generation capacity".
- Interior Secretary Doug Burgum said in a statement posted on X that Americans deserve an energy system built on common sense and not one dependent on "costly subsidies".
- "We welcome RWE's agreement and voluntary investment in projects that strengthen our nation's energy security," he added.
Sources: BBC News