
New Jersey Halts Plans for Fourth Offshore Wind Farm Award
In a recent decision, New Jersey's Board of Public Utilities (BPU) opted to close its fourth round of offshore wind solicitations without awarding any bids, a significant step back for the state's ambitious offshore wind energy goals. This move follows a series of challenges and setbacks within the offshore wind industry, many of which have complicated efforts to bring new wind farm projects online.
Initially, three firms had submitted bids to participate in the state's...