U.S. Interior pays Duke Energy $129M to terminate Carolina offshore wind lease
The U.S. Department of the Interior agreed to pay Duke Energy approximately $129 million to cancel its offshore wind area lease off the North Carolina/Brunswick County coast, with Duke committing to reinvest the proceeds in its broader energy portfolio. Multiple trade outlets including Reuters, Utility Dive, and Recharge News confirmed the settlement, describing it as part of a pattern of Trump administration buyouts that are shrinking the active U.S. offshore development pipeline. Recharge News noted Duke is the latest in a series of developers to surrender leases under federal pressure. Asset managers tracking offshore pipeline exposure and insurers with contingent liability on pre-construction U.S. offshore projects should note the accelerating attrition of the U.S. project list.
Read at Recharge NewsSouth Korea's H1 offshore wind auction awards 1.8 GW; CIP and Siemens Gamesa among winners
South Korea's Jeonbuk provincial government and national authorities awarded approximately 1.8 GW of offshore wind capacity across two tenders in the first half of 2026, with a KHNP-led Korean consortium winning an 800 MW lot and Copenhagen Infrastructure Partners taking over 1 GW, with Siemens Gamesa cited as a key turbine partner. Recharge News and Renewables Now both covered the results, noting that the auction represents a significant volume signal for the Korean market at a time when Western markets face policy headwinds. For asset managers and equipment insurers, the Korea results highlight the shift in new-build activity toward Asia-Pacific markets.
Read at Recharge News130+ mph straight-line winds cause critical damage to South Dakota wind farm
Straight-line winds measured at approximately 130–131 mph struck a wind farm near Highmore, South Dakota, causing what trade and local press described as critical structural damage, prompting a state governor response. The event was covered by multiple outlets including South Dakota Searchlight and Oklahoma Energy Today. For insurers and asset managers, the incident is a reminder of the physical risk exposure of operating fleets in continental U.S. wind corridors to severe convective weather events not always captured in standard wind-speed design envelopes. Damage extent and affected turbine count had not been fully quantified in available reports.
Read at Google News (EN)Iowa AG secures rulings in wind turbine blade dumping case; Supreme Court and removal case both advance
Iowa Attorney General Brenna Bird announced two separate legal victories: a court ruling allowing her office to name the head of Green Future Solutions (GFS) as a defendant in a lawsuit alleging illegal dumping of used wind turbine blades across Iowa, and a victory in a separate Cass County wind turbine removal case. The Iowa Supreme Court also issued a ruling in a related blade-disposal matter. The cases are directly relevant to operators and asset managers facing end-of-life blade disposal obligations, as they establish precedents for personal executive liability in improper decommissioning and waste-handling scenarios.
Read at Google News (EN)Each item is generated by AI from publicly available wind-energy press, with the source cited. Headlines and summaries are written by a language model and may contain errors — always check the source link. The briefing does not promote Turbit, its products, or any other predictive-maintenance vendor.
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