Bernstein, a Wall Street research firm, estimates that the price of land-based wind turbines, which sell for millions of dollars each, has increased 40 percent since 2021, while the cost of building wind farms off the United States has risen by a third, a big number for projects that cost billions.

The Northeast’s struggling offshore wind developers really could have used a win on Election Day. Instead, they got Donald Trump.

President-elect Donald Trump said he intends to target offshore wind power immediately upon taking office. But Massachusetts needs to prepare to "once again lead the way despite resistance," said state Rep.