Divergent Paths in Renewable Energy Investment: U.S. Policy Shifts and China's Expansion

U.S. Renewable Energy Projects Face Delays

In Humboldt Bay, California, plans for an offshore wind turbine project designed to power over two million American homes have encountered delays. Chris Mikkelsen, executive director of the Humboldt Bay Harbor District, stated that the marine terminal, intended for turbine assembly, was anticipated to be operational by 2026. This timeline is no longer considered realistic following the Trump administration's cancellation of more than $426 million in federal grants for the port. Mikkelsen indicated that the project has been on