Orsted North News Today

OCEAN CITY, N.J. (AP) — The developers of a wind energy farm off the southern New Jersey coast said Monday they have hired two companies to connect the project to the electrical grid on land. Ocean Wind 1 has signed contracts with companies that will build electrical substations on land and run power lines from the offshore wind farm to the onshore connection points.

Ocean Wind 1, the developers of a wind energy farm off the coast of Ocean City, NJ, has signed contracts with two firms to bring clean energy to the power grid.

Ørsted, an offshore wind developer first in line to erect turbines off the New Jersey coast, hired two companies to bring the offshore power onto land. One...

The moves come as New Jersey is working aggressively to become the East Coast hub of the fast-growing offshore wind energy industry.

The Port of Coeymans in Southern Albany County will be the areas second hub for offshore...

The U.S. has fallen way behind Europe partly because of an old shipping law and opposition from homeowners and fishing groups.

IncubEx Closes Most Significant Capital Raise To Date With Distinguished Industry Investors For Environmental Markets Growth Date 04/05/2021 IncubEx, Inc., a leading global product developer of exchange based environmental markets, is pleased to announce it has successfully closed its most significant capital raise to date of $11.8 million resulting in a post-money valuation of $161.8 million with support from distinguished industry leaders.   Prominent IncubEx investors include: Michael ...