341 results found for 'ocean wind new jersey'

341 results found for 'ocean wind new jersey'
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  • Atlantic Shores Requests to Terminate 1.5 GW OREC Contract with New Jersey | ‘Presidential Wind Memorandum, Subsequent Actions Directly Impacted Project Feasibility’

    10 June 2025
    Business & Finance, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Atlantic Shores Offshore Wind has submitted a request to the New Jersey Board of Public Utilities (NJBPU), seeking that the existing offshore renewable energy certificate (OREC) order, issued by the NJBPU in 2021 for 1,509.6 MW of generation capacity at Atlantic Shores Project 1, be terminated. The developer, which planned to take the final investment […]

  • Shell Ends Atlantic Shores Offshore Wind Involvement in US

    3 November 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Shell New Energies, a subsidiary of Shell, has voluntarily withdrawn from Atlantic Shores Offshore Wind, bringing an end to its participation in the US offshore wind market. The company has assigned its 50 per cent outstanding membership interests to its existing partner, EDF, with an immediate effective date. Shell said it is driving a strategic […]

  • RWE Freezes US Offshore Wind Activities, Citing Political Uncertainty

    28 April 2025
    Business & Finance

    German renewable energy developer RWE has stopped all its offshore activities in the US for the time being, said Marcus Krebber, CEO of RWE, in a transcript of a speech planned to be delivered to shareholders at the company’s annual general meeting on 30 April. Krebber added that the US stands out for its increasing […]

  • EDF Books EUR 934 Million Atlantic Shores Offshore Wind Impairment, Maintains Projects Could Still Contribute to US, New Jersey Energy Plans

    25 February 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    EDF Renewables has booked a EUR 934 million impairment in connection with the Atlantic Shores offshore wind project(s) in the United States, for which EDF’s joint venture partner Shell also recently included impairment charges in its full-year 2024 financial report and said it was pausing its involvement in the project. During 2024, EDF booked EUR […]

  • New Jersey Exploring Alternative Uses for Its Offshore Wind Port

    18 February 2025
    Business & Finance, Fixed-Bottom, Ports & Logistics

    The New Jersey Economic Development Authority (NJEDA), which has developed the New Jersey Wind Port on behalf of the New Jersey State, is assessing options and alternatives for the hub-style port for offshore wind as the market is facing challenges. The offshore wind port is located in Lower Alloways Creek, Salem County, and is being […]

  • New Jersey Cancels Fourth Offshore Wind Solicitation Amid Federal Shifts and Shell’s Exit

    4 February 2025
    Authorities, Planning & Permitting

    The New Jersey Board of Public Utilities (NJBPU) has cancelled the bidding process for the state’s fourth offshore wind solicitation, citing uncertainty caused by recent federal actions and Shell’s withdrawal from the Atlantic Shores offshore wind project. The state’s fourth round of offshore wind solicitation was launched in May 2024, initially aimed at awarding between […]

  • Atlantic Shores Confirms Plan to Continue Progressing US Project as Shell Writes It Off

    31 January 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Shell has decided to pause its involvement in the Atlantic Shores offshore wind project in the US, which received federal approval in October 2024, the company’s CFO said during a press call after Shell posted its Q4 2024 financial results on 30 January. In its report for the fourth quarter, Shell included impairment charges of […]

  • Ørsted Slims Down Investment Programme, Discontinues Previous Renewable Energy Capacity Target

    7 February 2025
    Business & Finance, Fixed-Bottom, Floating Wind, Planning & Permitting

    Ørsted will reduce the investment programme the company planned to implement by 2030 by around 25 per cent, saying the reduction was in line with its commitment to ensure a capital structure that can support a solid investment grade credit rating. The slimmed-down strategic investment programme will not affect Ørsted’s construction portfolio which totals 9 […]

  • New Jersey Getting Monopile Factory

    23 December 2020
    Authorities, Ports & Logistics

    The State of New Jersey is investing USD 250 million in a monopiles manufacturing facility that will serve the U.S. offshore wind industry. The facility will be located at the Paulsboro Marine Terminal in Gloucester County and is said to be the largest industrial offshore wind investment in the U.S. to date. EEW, Ørsted, as […]

  • Ørsted Returns to New Jersey with Ocean Wind 2 Bid

    11 December 2020
    Contracts & Tenders, Wind Farm Update

    Ørsted has submitted a bid to the New Jersey Board of Public Utilities to develop its Ocean Wind 2 project in response to New Jersey’s second request for proposals. This solicitation will award up to 2,400 MW. The New Jersey Governor Phil Murphy’s plan calls for 7,500 MW of offshore wind by 2035. Ørsted is […]

  • PSEG Completes Ocean Wind Stake Buy

    13 April 2021
    Business & Finance, Wind Farm Update

    New Jersey’s Public Service Enterprise Group (PSEG) has completed the acquisition of a 25% interest in Ørsted’s Ocean Wind offshore wind project. PSEG’s investment, which was announced in December 2019, received approval from the New Jersey Board of Public Utilities on 31 March. “From creating jobs and strengthening the economy to investing in infrastructure and […]

  • New Jersey Accelerates Schedule for Fourth Offshore Wind Solicitation

    8 December 2023
    Authorities, Business & Finance, Business development, Planning & Permitting, Research & Development

    On 29 November, New Jersey Governor Phil Murphy directed the New Jersey Board of Public Utilities (NJBPU) to launch the fourth offshore wind solicitation in early 2024. New Jersey’s fourth solicitation project awards are expected in early 2025. The Governor’s action reaffirms the State’s commitment to achieving a 100 per cent clean energy economy by […]

  • Ørsted Sells 25 Per Cent Stake in Ocean Wind to PSEG

    4 December 2020
    Business & Finance, Wind Farm Update

    Ørsted has entered into an agreement to sell a 25 per cent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include both a conventional and tax equity investment in the project. The partners did not disclose the value of the transaction. […]

  • Ørsted and EEW Plan Monopile Factory in New Jersey

    8 July 2019
    Contracts & Tenders

    Ørsted has signed a Memorandum of Understanding (MoU) with EEW to work towards establishing a monopile fabrication facility in Paulsboro, New Jersey, for the Ocean Wind project. According to the project documents, the foundation manufacture facility may longer term expand its scope of activities as the Atlantic coast offshore wind industry grows. Ørsted also signed […]

  • Construction Starts on America’s Largest Offshore Wind Manufacturing Hub

    20 April 2021
    Jobs & Recruitment, Ports & Logistics

    Ocean Wind and EEW have broken ground for the EEW monopile manufacturing facility at the Port of Paulsboro Marine Terminal in Gloucester County, New Jersey, U.S. The start of construction marks a significant milestone in delivering the largest industrial offshore wind manufacturing facility in the U.S. to date, Ocean Wind said. Construction of the facility […]

  • US Clears Third Commercial-Scale Offshore Wind Farm to Start Construction

    6 July 2023
    Authorities, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has given the go-ahead to the Ocean Wind 1 project, New Jersey’s first offshore wind farm and the third commercial-scale project of this kind in the US. The developer Ørsted is now set to begin construction this autumn, starting with onshore infrastructure. BOEM has issued the Record […]

  • Ørsted, PSEG File Multiple Proposals for New Jersey’s Offshore Wind Transmission Solution

    28 October 2021
    Contracts & Tenders, Grid Connection

    Ørsted and Public Service Enterprise Group (PSEG) have submitted several joint proposals for offshore wind power transmission in New Jersey in response to the solicitation the regional electricity grid operator PJM Interconnection is conducting on behalf of the New Jersey Board of Public Utilities (NJBPU). The joint proposals, collectively named Coastal Wind Link, are designed to deliver […]

  • New Jersey Offshore Wind Farm to Feature GE Haliade-X Turbines

    18 January 2021
    Contracts & Tenders, Wind Farm Update

    GE Renewable Energy has signed supply and service contracts for the 1.1 GW Ocean Wind offshore wind farm in New Jersey, which will use the company’s Haliade-X offshore wind turbines. The contracts, subject to final notice to proceed, cover the GE Haliade-X 12 MW wind turbine with an option for Ocean Wind to utilise the […]

  • New Jersey Doubles Offshore Wind Target

    20 November 2019
    Authorities

    New Jersey Governor Phil Murphy has signed an executive order which increases the state’s offshore wind target from 3.5GW by 2030 to 7.5GW by 2035. Executive Order No. 92, which more than doubles New Jersey’s offshore wind goal, will help deliver the goals of having 50% of renewable energy by 2030 and a 100% clean […]

  • Ørsted Gets Tax Break for New Jersey’s First Offshore Wind Farm, Shell-EDF JV Calls for Same Treatment for All Current NJ Projects

    7 July 2023
    Authorities, Business & Finance, Wind Farm Update

    New Jersey Governor Phil Murphy has signed a bill that will ease Ørsted’s tax obligations related to the 1.1 GW Ocean Wind 1 project, the state’s first offshore wind farm and the largest so far approved for construction in the US. Atlantic Shores Offshore Wind, a joint venture between Shell and EDF Renewables which is […]

  • New Jersey Steps Into Patent Dispute Between GE and Siemens Gamesa

    17 August 2022
    Authorities, Business & Finance, Technology, Wind Farm Update

    The US State of New Jersey has argued that its residents will be ”irreparably harmed” if the 1.1 GW Ocean Wind offshore wind project is not exempt from a permanent injunction against the use of GE Haliade-X wind turbines on offshore wind projects in the USA sought by Siemens Gamesa. Back in June, a jury […]

  • New Offshore Wind Project Enters Federal Permitting in US

    14 January 2025
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of the Vineyard Mid-Atlantic offshore wind lease area, located offshore New York and New Jersey and owned by Vineyard Offshore (Copenhagen Infrastructure Partners), which plans to build its Excelsior Wind project there. The Vineyard Mid-Atlantic area is in one of the six […]

  • New Jersey Postpones Offshore Wind Solicitation

    2 March 2022
    Authorities, Contracts & Tenders, Grid Connection

    The New Jersey Board of Public Utilities (NJBPU) will release the third solicitation for New Jersey’s offshore wind development by January 2023, rather than the previously anticipated September 2022. The 1,200 MW solicitation is expected to close by the end of 2023 and the project or projects awarded are scheduled to come online by 2030. […]

  • Anbaric Completes Second Set of Surveys for New Jersey Link

    12 May 2021
    Grid Connection

    Anbaric Development Partners has concluded the second set of oceanographic survey activities for its Boardwalk Power Link (BPL) project which will connect offshore wind energy to New Jersey’s onshore grid. Led by ESS Group in concert with Ocean Surveys, the two sets of surveys looked specifically at geological seabed conditions for the planned subsea cable […]

  • Ørsted to Become First Tenant of New Jersey Wind Port

    31 July 2023
    Contracts & Tenders, Infrastructure, Ports & Logistics

    The New Jersey Economic Development Authority (NJEDA) has approved agreements with Ørsted for the development and sublease of up to 34 acres at the New Jersey Wind Port (NJWP), which Ørsted will use as a staging and support area for its 1.1 GW Ocean Wind 1 offshore wind project. With the agreement, Ørsted will be […]

  • USA: AWC Selects New Jersey for 1st Phase of Its Offshore Wind Transmission Project

    16 January 2013
    Grid Connection

    Atlantic Wind Connection (AWC) has announced that New Jersey has been selected as the first phase for its multi-year offshore wind transmission project. This phase of the project is called the New Jersey (NJ) Energy Link. The selection was based on New Jersey’s commitment to developing an offshore wind industry and the large potential for […]