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America's offshore wind farms delayed, pending, being 'renegotiated'

Offshore wind developer Ørsted has delayed its New Jersey Ocean Wind 1 project to 2026. Previously, the company had announced construction of the project would begin in October 2023. The delay was attributed to supply chain issues, higher interest rates, and a failure so far to garner enough tax credits from the federal government. For now, they are not walking away from all their U.S. projects but will reconsider long-term plans by the end of this year. Ørsted’s stock price has falle...
New Jersey United States North Carolina New York Monmouth University Alex Epstein
Source: wnd.com

U.S. offshore wind plans are collapsing | The Highland County Press

Offshore wind developer Ørsted has delayed its New Jersey Ocean Wind 1 project to 2026. Previously, the company had announced construction of the project would begin in October 2023. The delay was attributed to supply chain issues, higher interest rates and a failure so far to garner enough tax credits from the federal government. 
United States New York New Jersey Monmouth University North Carolina Davidt Stevenson

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