Page 67 - Offshore Wind News Today

The Biden administration rolled out a major tax proposal Friday that offers hope to an offshore wind sector that’s been swamped in recent months by financial problems. The Section 48 investment tax credit — modified and expanded in the Inflation Reduction Act last year — would boost costly renewable projects like offshore wind and energy storage. The Treasury Department guidance addresses eligibility for battery storage. It also provides a clarification tha...

Despite the loss of two major offshore wind farm projects when Danish developer Orsted pulled out of New Jersey, the state is moving forward with its plans to support and grow the nascent industry. The state Board of Public Utilities on Friday voted to seek bids for a transmission facility into which several offshore wind projects can plug, an important part of getting the power from ocean-based wind turbines into the onshore electrical grid.

It is time to change course to a more affordable and realistic approach to reducing greenhouse gas emissions.

The global slot machine market is witnessing a transformative phase with a shift towards digital applications, innovative features, and a growing presence...

The Interior Department approved plans Wednesday for the Empire Wind projects offshore New York and New Jersey, delivering a win for the industry and for commercial-scale wind projects that have struggled to adjust to higher costs in the U.S.

The developers of an offshore wind farm near Rhode Island completed installation of its first turbine. Companies also announce approval of second project.

From CFACT David Wojick Paul Driessen and I just finished a study on the impact of offshore wind developments on CO2 emissions, since emission reduction is their primary justification. Turns out global emissions from mining, processing, manufacturing and transportation offset any reductions from power production. The full study report is published by CFACT’s NetZero Reality Coalition:

Baker Marine Solutions (BMS) is proud to present a new concept design for the U.S. offshore wind industry.As the industry evolves, new challenges emer...

The fight to save NJ's marine mammals — who reside in and migrate along our coastline — continues in full force.

Petterson has not only revitalized the U.S.’s biggest dredging company – he’s made it a leader in employee safety and a growing presence in offshore w...