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European wind stocks gain after Trump U-turn on $5 billion project, Orsted soars

solar panel and wind turbine low angle against blue sky

EMS-FORSTER-PRODUCTIONS

Shares of European wind companies rose on Tuesday after the Trump administration’s reversal of an order to halt a $5 billion wind energy project off the coast of New York offered some respite to an ailing industry.

Equinor (NYSE:

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