The difficult prospect of rapidly building a new industry with little guidance was front and center on Day 2 of the DOE’s Floating Offshore Wind Shot Summit.

Avangrid announced Wednesday that its net income increased 16% in 2022 over 2021 but projected flat financials in 2023.

Energy Secretary Jennifer Granholm opened the Department of Energy’s Floating Offshore Wind Shot Summit with announcements of DOE’s latest initiatives.

The Department of the Interior proposed the first auction for leases to build offshore wind farms in the Gulf of Mexico.

PSEG's CEO said the utility is exiting offshore wind but sees potential in keeping its nukes alive now that they are eligible for federal tax credits.

N.J. regulators overruled local governments to grant the state’s first offshore wind project an easement to connect its turbines to a substation onshore.

The SouthCoast Wind project could have significant impacts on marine mammals, fisheries and navigation, according to a draft environmental impact statement.

Siemens Gamesa said it will build a nacelle factory in upstate New York if its turbines are selected for the next wind farms to be built off the state’s coast.

BOEM wrapped up a series of info sessions in Maine, Massachusetts and New Hampshire, seeking feedback as it develops a map of potential wind farm sites.

New York said its latest offshore wind solicitation drew more than 100 proposals from six developers for eight new projects — a record level of response.