Trump Halts 5 Offshore Wind Projects
Digest more
After years of planning and debate, offshore wind farm developers recently took several big steps forward in a half dozen projects in various stages of development off the coast of Long Island. A record-setting sale of offshore wind development rights last ...
PROVIDENCE — For the better part of two months now, four of the five wind turbines at America’s first offshore wind farm haven’t been spinning. Ørsted, the Danish offshore wind developer, shut down the turbines off Block Island in June for ...
PROVIDENCE – The developers of a 65-turbine offshore wind farm that is key to Rhode Island’s climate goals have reaffirmed their commitment to the project, announcing late Wednesday that they’d made a “final investment decision” on the project ...
LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE:FTI) (PARIS:FTI) has signed an agreement with the Island Offshore group to acquire a 51% stake in Island Offshore’s wholly owned subsidiary, Island Offshore Subsea AS. Island Offshore Subsea AS ...
Recent setbacks for the U.S. offshore wind industry, capped by the withdrawal Wednesday of two large projects in New Jersey, have cast the fledgling market in a more precarious light as developers rethink some of their projects due to rising costs.
STATEN ISLAND, N.Y. -- A Kansas City-based company has proposed a plan to dismantle the LNG tanks – two long-time hulking eyesores visible from the West Shore Expressway – and at the same time utilize two Staten Island sites as viable pieces of the ...
Island Offshore, a Norwegian offshore vessel owner, said Monday it had won several important vessel deals worth around $55,4M in the first few months of the year, with 25 vessels currently employed. According to the vessel owner, the total value of awarded ...
Revolution Wind, Rhode Island and Connecticut’s first utility-scale offshore wind farm, can begin offshore construction in 2024. The Bureau of Ocean Energy Management (BOEM) approved Revolution Wind’s construction and operations plan, and that’s the ...
STATEN ISLAND, N.Y. — The offshore wind industry took significant steps on Staten Island in 2022 and put the borough in the center of the burgeoning energy sector. This year is expected to bring pivotal developments that may position the borough’s West ...
BLOCK ISLAND, R.I. --Fifteen miles off the coast of Rhode Island stand 600-foot turbines, anchored in 90 feet of Atlantic waters. They are expected to generate enough energy to power 17,000 homes. “We see this being a big industry, we see offshore wind ...
For over 30 years, the Cook Islands has been the gold standard for asset protection trusts. This remote South Pacific nation offers ironclad protection for wealth and investments that is simply unparalleled anywhere else in the world. In today’s ...