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A major energy developer is pulling out of contracts it entered into with the State of Maryland to build two large offshore wind farms in a blow to Democrats' green energy goals.
The company said that inflationary pressure, high borrowing costs and supply chain problems have combined to make the state’s subsidies economically unviable, but that it is not yet abandoning the projects and will continue to pursue permits, according to a regulatory filing with the MPSC.
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OCEAN CITY — Outside the doors of the Roland E. Powell Convention Center in Ocean City, two masked protestors stood quietly with posters criticizing U.S. Rep. Andy Harris (R-Md.).
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