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N.J. gov supports offshore wind power as developer of huge project says it could ‘walk away’

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nj.com/news/2023/08/future-of-nj-offshore-wind-power-projects-in-question-as-contractor-faces-money-crunch.html

New Jersey’s controversial wind power projects could be in jeopardy as Danish renewable energy developer Ørsted reported Wednesday it is facing huge financial losses.
Ørsted officials told investors that supply chain problems and other issues may cause it to write off more than $2.2 billion in losses and could lead to the cancellation of its work off the Jersey Shore and…

This story from nj.com was posted on 2023-08-31 by @daydreamr.

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