Offshore Wind Project Cancels Contract Due to Inflation, After Biden Admin Brags of Project’s Success
Construction on a massive wind energy project, previously touted by the Biden administration as an example of positive “BiDenomics,” has been halted, with developers citing “inflation, interest rates and supply chain disruptions.” Energy developers BP and Equinor announced Wednesday. BP and Equinor announced that they have canceled a project called Empire Wind 2 that was […]
Giant offshore wind project axed in blow to Biden’s green goals
Global energy developers Equinor and BP announced Wednesday that they are canceling a contract for a massive wind farm project to be built off the coast of New York. The companies announced that they have reached an agreement with the New York State Energy Research and Development Authority (NYSERDA) to terminate the offshore wind renewable […]
First US offshore wind turbines deliver electricity to the grid
Vineyard Wind has announced the first delivery of power to the grid from one of its turbines located 15 miles off the coast of Massachusetts. Avangrid CEO Pedro Azagra said this is a historic moment for the U.S. offshore wind industry, bringing clean power to the Massachusetts power grid. The U.S. offshore wind industry faces […]