Monday, 5 October 2026

Offshore wind development in Louisiana has reached a near standstill under Trump administration policies, according to industry leaders cited by the Louisiana Illuminator, who said they are working to preserve the state's wind expertise and supply chain for a future revival.

The administration's efforts began with executive orders that withdrew federal waters from new offshore wind leasing and halted permitting for additional projects, the Louisiana Illuminator reported.

Developers have relinquished 12 offshore wind leases in exchange for federal payouts, Madelyn Smith said. About USD 4 billion in taxpayer money was spent to remove those projects from the pool, Smith said, and the projects represented about 21 GW of potential capacity.

Industry leaders said they hope to revive the sector under the next administration.

Vietnam's rooftop solar development has not met its target and is expanding more slowly than other baseload power sources, Deputy Minister of Industry and Trade Truong Thanh Hoai said, according to VietnamPlus.

The country is targeting a 10% share for rooftop solar in residential and office areas, with selected projects to be developed and battery storage systems encouraged under a directive.

Installed rooftop solar capacity nationwide currently stands at around 11,000 MW, according to Vietnam Electricity.

Citicore Renewable Energy Corp. (CREC) has reached 1 GW of installed renewable energy capacity in the Philippines, according to punto.com.ph. The company is expanding investments in solar power, battery energy storage, and other clean energy projects.

The milestone builds on a portfolio of 21 completed solar sites across the country, according to punto.com.ph.

Citicore aims to reach 5 GW of renewable energy capacity within five years.

China's Shanxi Province had installed more than 80 million kW of wind and solar power capacity by the end of June, according to People's Daily.

The coal-rich northern province is pushing its energy transition while keeping coal supplies stable, People's Daily reported, pointing to intelligent coal mines and digital power-grid management.

The wider region faces a steep investment gap. The Asia-Pacific needs USD 79 trillion to USD 89 trillion by 2050 to meet net-zero targets, according to Deloitte.

Meeting that goal requires annual low-carbon investment to nearly triple, from USD 840 billion in 2023 to roughly USD 2.3 trillion by 2030, Deloitte said.