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The Department of Public Utilities on Friday approved the contracts between both the Commonwealth Wind and Mayflower Wind offshore wind projects and Bay State utilities, rejecting Commonwealth Wind's request to scrap an agreement that it says would not allow its project to be financed and built.
By Josh Saul (Bloomberg) — Massachusetts has denied requests from developers to renegotiate electricity contracts for proposed offshore wind farms after soaring inflation drove up construction costs, effectively ordering the renewable...
Will high interest rates, labor shortages and supply chain problems put the brakes on New Jersey's offshore wind projects?
The DPU determined that the contracts, which the wind developers and utility companies agreed to in May, "are in the public interest."
The Department of Public Utilities on Friday approved the contracts between both the Commonwealth Wind and Mayflower Wind offshore wind projects and Bay State utilities, rejecting Commonwealth Wind's request to