The event couldn’t have come at a more complicated time for the offshore wind industry. On the one hand, the first two large offshore wind projects in the nation are in construction in the waters off Rhode Island and Massachusetts. On the other, a series of projects that were set to follow in their footsteps have run into dire straits, victims of inflation and supply chain problems. Just two weeks ago, Ørsted, the Danish company that is the world’s leading offshore wind developer, dropped plans for a pair of proposals off the New Jersey coast, writing off $4 billion in costs.
Rhode Island offshore wind farm moves ahead even as developers scrap other projects governorswindenergycoalition.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from governorswindenergycoalition.org Daily Mail and Mail on Sunday newspapers.
The developers of a 65-turbine offshore wind project that would supply power to Rhode Island and Connecticut say they are moving ahead with the project.
Rhode Island offshore wind farm moves ahead even as developers scrap other projects yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.