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Last week, a nonprofit activist group backed by local municipal officials released what it calls a photorealistic representation of what one of the proposed windfarms would look like from beaches near Long Beach Island.
Orsted, the global wind energy developer, says its first offshore wind farm in New Jersey will be delayed until 2026 due to supply chain issues, higher interest rates, and a failure so far to garner enough tax credits from the federal government. The Danish company revealed the delay during an earnings conference call Wednesday, during which it said it could be forced to write off about $2.3 billion on U.S. projects that are worth less than they had been.
Orsted, the global wind energy developer, says its first offshore wind farm in New Jersey will be delayed until 2026.
Orsted, the global wind energy developer, says its first offshore wind farm in New Jersey will be delayed until 2026. The Danish company said Wednesday that's due to supply chain
Orsted, the global wind energy developer, says its first offshore wind farm in New Jersey will be delayed until 2026.