TotalEnergies US Offshore Wind Projects Termination
Sector: Wind • Location: United States
Source: The Times of India
The Trump administration agreed to pay $1 billion to French energy company TotalEnergies to terminate two planned offshore wind projects off the coasts of North Carolina and New York. TotalEnergies will abandon these wind projects and redirect the funds into domestic oil and natural gas projects, effectively ending its offshore wind development in the US.
- Status
- Closed
- Sector
- Wind, Natural Gas, Government, Oil and Gas
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- The Times of India
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Project Information
Participants
| Not available for this record. |
Status
Original status | cancelled |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Trump administration agreed to pay $1 billion to French energy company TotalEnergies to terminate two planned offshore wind projects off the coasts of North Carolina and New York. TotalEnergies will abandon these wind projects and redirect the funds into domestic oil and natural gas projects, effectively ending its offshore wind development in the US. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
Source
Source | The Times of India |
URL |
More Details
Record type | Project |
Sector | Wind, Natural Gas, Government, Oil and Gas |
Article published date | 2026-03-27 |
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