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(The Center Square) — New Jersey is backing away from several major offshore wind projects as the Trump administration seeks to pull federal leases for the clean energy initiatives. Gov. Phil ...
BPU’s announcement Monday ended further bids on Atlantic Shores Offshore Wind, canceling New Jersey’s first offshore wind project that was approved under President Joe Biden. Wind turbine ...
The cancellation of two large offshore wind projects in New Jersey is the latest in a series of setbacks for the nascent U.S. offshore wind industry, jeopardizing the Biden administration’s ...
Danish wind developer Orsted was close to beginning work on two offshore wind farms in New Jersey but scrapped the project in Oct. 2023 after deciding it would not be economical. A lot of clean energy is cheap now, but offshore wind is still among the most expensive.
Danish energy developer Orsted said Tuesday night it is scrapping two large offshore wind power projects off the coast of New Jersey, adding uncertainty to a nascent industry the Biden ...
Wind power in New Jersey is in the early stages of development. New Jersey has just six wind turbines, all land based, but the state has plans to develop several major offshore wind projects on the continental shelf of the Atlantic Ocean off the southern Jersey Shore.
Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent ...
OCEAN CITY, N.J. (AP) — Offshore wind power company Orsted is trying to get out of a $300 million guarantee it agreed to pay New Jersey in the event it failed to build its first wind farm off ...