R.I. wind farm survives cuts to Orsted's offshore wind plans
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Instead of gathering momentum, the industry is confronting obstacles that could hinder its ability to realize the renewable resource’s promised benefits.
Ørsted promised upwards of 15,000 jobs over the lifetime of the projects.
More offshore wind projects are being approved, but many are also running into economic and logistical challenges.
The world’s largest offshore wind developer, Orsted, halted development Wednesday on two U.S. offshore wind projects, citing higher costs and supply chain delays.