The developer says its project involves up to 12 turbines and would see the restoration of peatbog.
Plans for an offshore wind farm is a key topic on voters' minds in the upcoming general election.
The developer says it will work with aviation bodies and local people to address their concerns.
Dozens of turbines could be built on land from north of King's Lynn to near Downham Market
Developers are seeking to build the scheme on 25 acres (10 hectares) of agricultural land in Easington.
The RWE payout is the latest in a string of deals cancelling wind energy projects, a power source long derided by Trump.
CWP - which wants to build 60 turbines near Moffat - says outdated rules are holding back investment.
Whitelee Windfarm has been producing electricity for about 20 years on a stretch of moorland near Eaglesham but is reaching the end of its life.
Campaigners say it is a "great relief" that the plans for 52 turbines near Hawick have been dropped.
