The New Jersey Legislature appears to be backing bills that would allow offshore wind developer Ørsted to directly received federal tax credits for its Ocean Wind 1 project.

Gov. Mills says organized labor requirements would raise costs for ratepayers, put state at competitive disadvantage in developing offshore wind industry.

Siemens Energy CEO says scope and impact of problem not fully understood, will likely cost $1 billion-plus to fix.

The PSC has called on NYISO to open its next PPTN with the goal of getting 6,000 MW of new transmission facilities in Long Island to facilitate the export of future offshore wind resources.

Public financial support for New Jersey’s offshore wind projects has come under scrutiny as Ørsted seeks to obtain access to federal tax credits.

Building public support for clean energy projects will require shorter timelines and increased community engagement, experts told industry participants.

New Jersey’s Board of Public Utilities pulled an agenda item modifying the state’s offshore transmission project after a Division of Rate Counsel complaint.

Developers of offshore wind in New York said Wednesday that decades-high inflation and interest rates mean deals negotiated years ago aren't viable anymore.

SouthCoast Wind Energy has asked to end offshore wind power purchase agreements with Massachusetts electric distribution companies, citing rising costs.