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January 27, 2024
A major energy developer is pulling out of contracts it entered into with the State of Maryland to build two large offshore wind farms in a blow to Democrats' green energy goals.
January 27, 2024
The company said that inflationary pressure, high borrowing costs and supply chain problems have combined to make the stateโs subsidies economically unviable, but that it is not yet abandoning the projects and will continue to pursue permits, according to a regulatory filing with the MPSC.
January 27, 2024
The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.
January 27, 2024
OCEAN CITY — Outside the doors of the Roland E. Powell Convention Center in Ocean City, two masked protestors stood quietly with posters criticizing U.S. Rep. Andy Harris (R-Md.).
January 26, 2024
WGMD - The Talk Of Delmarva - Serving Delmarva Since 1980
January 26, 2024
Alternative energy company Orsted has announced a significant change in plans for its 966-megawatt Skipjack project off the coast of Delmarva.
January 26, 2024
Following consultation with the State of Maryland, รrsted has withdrawn from the Maryland Public Service Commission Ordersโฆ
January 26, 2024
Offshore wind company Orsted withdrew Thursday from an arrangement with Maryland regulators governing how much it can charge for the power it would generate at its planned Skipjack wind farms. The company said in its notice to Maryland regulators that it is not ceasing development on its the wind farm, which is planned off the coast of northern Ocean City. But the company is saying to Maryland ...
January 26, 2024
Offshore wind developers submitted revised bids to supply power to New York state on Thursday to cope with soaring costs, with industry heavyweights Equinor and BP saying they would no longer...
January 26, 2024
Alternative energy company Orsted has announced a significant change in plans for its 966-megawatt Skipjack project off the coast of Delmarva. According to Orsted, financial incentives provided by Maryland for the company to pursue the project are no longer enough for Skipjack to continue off the coast.