Orsted
New Jersey has no offshore wind turbines in operation yet, but the industry is already creating jobs — for lawyers.
Rhode Island Energy explained that the power purchase agreement proposed would be too expensive for consumers, vows to continue efforts to bring offshore wind to state.
New Jersey Gov. Phil Murphy hailed offshore wind as a once-in-a-generation opportunity to bring billion-dollar investments and millions of union jobs to the state.
The construction and operations plan for the 1.1-GW Ocean Wind 1 Project, New Jersey's first OSW project, was approved by the Bureau of Ocean Energy Management.
The New Jersey Legislature appears to be backing bills that would allow offshore wind developer Ørsted to directly received federal tax credits for its Ocean Wind 1 project.
New York announced that the first monopile foundation has been installed for South Fork Wind, a 132 MW project being developed by Ørsted and Eversource off the eastern tip of Long Island.
Public financial support for New Jersey’s offshore wind projects has come under scrutiny as Ørsted seeks to obtain access to federal tax credits.
New Jersey’s Board of Public Utilities pulled an agenda item modifying the state’s offshore transmission project after a Division of Rate Counsel complaint.
Eversource began its anticipated departure from the offshore wind sector, announcing it would sell its interest in an uncontracted New England lease to Ørsted.
1,500- and 3,200-ton substations for offshore wind projects are being sailed from Texas and Denmark, respectively, for the New England coast.
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