Invenergy says Trump’s offshore wind payout will fund a geothermal push
business
Energy developer Invenergy is using a controversial Trump administration payout to pivot away from offshore wind and into geothermal development. The company struck a deal to receive a refund for abandoning its offshore wind projects — funds it now plans to invest in next-generation geothermal technology as part of America's broader push in that sector. According to Canary Media, the move reflects shifting energy policy priorities and raises questions about how government incentives are reshaping the renewable energy landscape.
Source: https://www.canarymedia.com/articles/offshore-wind/invene...
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