Pedersen and Soren Jeppesen COPENHAGEN (Reuters) -Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump’s pushback on renewable energy investments.

Danish wind farm developer, Orsted, said the Revolution Wind project is about 80 percent complete, with 45 of its 65 turbines already installed.

Shares in Orsted slid 17 per cent on Monday after the U.S. halted the Danish company’s Revolution Wind project off Rhode Island, adding to concerns about the future of the U.S. offshore wind market as U.