Offshore Wind Economic Development Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Orsted suffered impairments of up to $4.04 billion for the first nine months leading it to cease the Ocean Wind projects.

The Cape May county government is leading a lawsuit against USA federal agencies alleging disregard for environmental diligence in the approval of Ocean Wi...

The County of Cape May, New Jersey will appeal a Judge’s decision ordering the Cape May County Clerk to file an easement transferring County property interests to the Danish offshore wind company Orsted’s Ocean Wind One project. "Remember, we believe this easement was taken from the people of Cape May County by the Board of Public Utilities in an unconstitutional fashion and without required due process,” said former New Jersey Superior Court Judge Michael J. Donohue, who is serving as Special Counsel to the County on offshore wind issues. 

Can offshore wind turbines and whales coexist? Scientists weigh in.

On December 21, 2020, the New Jersey Legislature passed the “ New Jersey Economic Recovery Act of 2020” (the “Economic Recovery Act” or the "Act"), an omnibus piece of legislation which provides support for various programs and policies related to jobs, property development, food deserts, community partnerships, and small and early-stage businesses, among others. The bill now heads to Governor Murphy, who is expected to sign it into law. In an effort to bolster development, the Economic Recovery Act creates, among other things, various tax credit programs which will provide qualifying...