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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.
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. It also said it had considered simply abandoning the Ocean Wind I project off the southern New Jersey coast.