Court allows Orsted to resume work on major US offshore wind farm

Shares of the Danish energy company Orsted jumped after a U.S. court lifted a block on its Revolution Wind project. The block had been put in place during the Trump administration, halting development of the offshore wind farm.

With the legal obstacle removed, Orsted can now resume construction on the project, which is a key part of its plans to expand in the U.S. renewable energy market.