Wind Project Approvals, Tax Credits Look to Outpace Macroeconomic and Supply Chain Headwinds in 2024

Credit to Author: John Ugai| Date: Mon, 27 Nov 2023 17:09:43 +0000

Recent events in the wind power industry, all occurring on a single day, provide a snapshot of the sector’s challenges and opportunities heading into 2024. Ørsted, the world’s largest developer […]

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Officials Give Green Light for Major U.S. Offshore Wind Project

Credit to Author: Darrell Proctor| Date: Wed, 05 Jul 2023 21:26:41 +0000

A major offshore wind project off the coast of southern New Jersey has received approval for its construction and operation. The U.S. Bureau of Ocean Energy Management (BOEM) on July […]

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Burns & McDonnell Awarded Contract for Ocean Wind 1 Offshore Project

Credit to Author: Darrell Proctor| Date: Mon, 25 Apr 2022 18:03:15 +0000

The first three major construction contracts have been awarded for the 1,100-MW Ocean Wind 1 offshore project that will provide electricity to New Jersey. Ocean Wind 1 is a joint venture between Ørsted and Public Service Enterprise Group (PSEG), which provides electricity for much of New Jersey. Those groups on April 25 announced Burns & […]

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