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المشهد العربي
US reaches $765M offshore wind deal
The administration of U.S. President Donald Trump reached a settlement worth $765 million with Invenergy to terminate four offshore wind energy lease contracts off the coasts of New York, California, and Maine. The company will use the funds to develop natural gas power plants in four Midwestern states, as well as to finance geothermal energy projects in the region. This move is part of American efforts to suspend and cancel offshore wind projects, citing their reduced efficiency and high costs compared to traditional energy sources.
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