RWE warned of increased risks to offshore wind projects in the U.S. following the country’s election.The German energy company said Wednesday that the result of the U.S. election had increased the risks for offshore wind projects and said its project off the east coast of the U.

Two of the world's biggest renewables players on Wednesday warned of challenges for the U.S. offshore wind sector under a presidency led by Donald Trump, flagging potential delays for the technology slammed by the president-elect.

Renewable energy companies, including Germany’s RWE and Siemens Energy, have expressed concerns about the future of the US offshore wind sector under President Donald Trump. Both companies anticipate potential delays and regulatory challenges, according to a Reuters news report.

RWE today flagged increased risks for US offshore wind under Donald Trump and a slower than expected growth of the European hydrogen economy as it announced plans for a €1.5bn ($1.6bn) shares buyback.

RWE warned of increased risks to offshore wind projects in the U.S. following the country’s election. The German energy company said Wednesday that the result of the U.S. election had increased the risks for offshore wind projects and said its project ...

RWE, Germany's biggest utility, said on Tuesday it would buy back up to 1.5 billion euros ($1.6 billion) of shares, citing weakening prospects for hydrogen in Europe and offshore wind in the U.S. in the wake of Donald Trump's election victory.