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Commonwealth Wind parent company Avangrid has said for months that increases in commodity prices, rising interest rates and supply shortages mean that its 1,200 megawatt renewable energy project "cannot be financed and built" under the terms of the original contracts, which the wind developers and utility companies agreed to in May.
Workers finished laying a cable that connects onshore and offshore operations at the future facility in the Atlantic Ocean. It's a major milestone for
A leading wind turbine maker is imploring Washington and state governments for more policy support only months after Congress passed hundreds of billions of dollars in subsidies for green energy, arguing the new law alone is insufficient to help the industry reckon with high inflation.
Mayflower Wind Energy LLC is undaunted by a recent vote to deny the company access to potential landfall sites for its project in Falmouth Heights. Representatives say the project will
Construction is planned to start during the second half of this year, with the Prysmian site intended to be operational in 2026.