Trump administration to pay German firm to halt US wind projects - BBC News

The RWE payout is the latest in a string of deals cancelling wind energy projects, a power source long derided by Trump.

Image source, Getty ImagesByRorey BosottiPublished7 August 2026German energy company RWE has said it will abandon its offshore wind projects in the US after reaching a $1.2bn (£892m) payout deal with President Donald Trump's Department of the Interior (DoI).

RWE said that it will now reinvest the sum into conventional gas projects, including $900m (£669m) in a liquefied natural gas (LNG) export terminal project in Louisiana.

"After careful consideration, it was determined there is no path forward to permit these projects in the US for the foreseeable future," the company said in a statement.

Trump has derided wind power for years and often uses his rally speeches to rail against "ugly" turbines.