Rhode Island Energy, the largest utility in Rhode Island, has decided that it will not be moving forward on a long-term power purchase agreement (PPA) with Ørsted and Eversource for the Revolution Wind 2 offshore wind farm.
The utility, formerly known as National Grid Rhode Island, said that higher interest rates, increased costs of capital and supply chain expenses, as well…
This story from offshorewind.biz was posted on 2023-07-19 by @oceanblaze.