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.

An order to stop work on the Revolution Wind project off Rhode Island further rattled the beleaguered Danish company.

Orsted, the Danish offshore-wind company that made an ill-timed push into the U.S., is having a summer to forget. Orsted shares fell 16% to an all-time low Monday after the company received an order from the U.