New Jersey launches offshore wind tender for up to 4GW
Read New Jersey launches offshore wind tender for up to 4GW and other wind energy news & analysis on Windpower Monthly
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Read New Jersey launches offshore wind tender for up to 4GW and other wind energy news & analysis on Windpower Monthly
In the latest setback to U.S. plans to accelerate renewable energy development, New York State regulators today reported they closed the third round of offshore wind solicitation with no final awards. Last fall, New York’s Governor Kathy Hochul had hailed the round as the state’s largest investment in renewable energy, which included the preliminary selection of 4GW of offshore capacity as well as other projects.
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This situation is a major blow to the offshore wind industry and to New York's renewable energy aspirations. It also highlights the challenges faced by large-scale renewable energy projects in the United States, including high costs and regulatory hurdles.