Trump has a long history of attacking wind turbines, arguing that they kill birds and cost more than they generate in revenue.

A wind project in New York mothballed by the Trump administration is getting a new lease on life through a compromise that would also see an abandoned natural gas pipeline from Pennsylvania to New York revived.

Shares of offshore wind developer Orsted rose 15% on Tuesday after the U.S. administration revoked an order to halt work on a project by peer Equinor, easing concerns over the Danish company's U.S. projects under development.

Norwegian major insists offshore wind has role in its energy transition ambitions but New York setback has turned up the temperature