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US weighs $1 billion wind farm settlement for TotalEnergies

Wednesday, March 18 2026

General – Compensation

U.S. officials are drafting agreements to pay nearly $1 billion to ​oil major TotalEnergies as compensation for the cancellation of leases for ‌wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday.

[Read more…] about US weighs $1 billion wind farm settlement for TotalEnergies

Filed Under: cancellation, compensation, International projects, Lease Agreement, lease rights, TotalEnergies, Trump, USA Tagged With: cancellation of leases, compensation, TotalEnergies, Trump, USA

Nantucket’s settlement with GE Vernova

Wednesday, July 16 2025

Wind Energy – Settlement

The Town and County of Nantucket announced a definitive settlement agreement with GE Vernova for $10.5 million to compensate the Town and local businesses for losses resulting from the July 13, 2024, failure of a turbine blade on the Vineyard Wind 1 project.

[Read more…] about Nantucket’s settlement with GE Vernova

Filed Under: compensation, GE Vernova, turbine blades, Vineyard Wind Tagged With: compensation, GE Vernova, incident, turbine blade, Vineyard Wind 1

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