Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ Advance Media on Thursday that the developer remained committed to the project.
Shell Pulls Out of Atlantic Shores Offshore Wind Project
On a fourth quarter earnings call Jan. 30, Shell plc told analysts that the company was pausing its involvement in the Atlantic Shores offshore wind farm project. The company said it will take a $956 million write-off.
Hawaii offshore wind farm plan buffeted by Trump order
The political winds in Washington, D.C., have shifted against offshore wind energy plans that include at least one ambitious and controversial project proposed for Hawaii. President Donald Trump on Monday stopped further consideration of leasing federal waters,
Shell takes $1 billion hit on wind farm Trump wants ‘dead’
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Trump seeks to stymie the industry’s development with executive orders.
Shell withdraws from big N.J. windfarm that Trump wanted ‘dead and gone’
Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans. The announcement,
Factbox-US offshore wind farms in service, in construction and under development
U.S. President Donald Trump suspended new federal offshore wind leasing on his first day back in the Oval Office on Jan. 20, ...
Wind farm developer said project will continue despite loss of major investor
The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore wind projects.
Wind farm giant Orsted’s chief executive quits
The Danish company is behind many of the UK’s offshore wind farms but has struggled with rising costs in other countries.
Atlantic Shores Reaffirms Commitment to New Jersey Offshore Wind Despite Shell's Write-Off
(Reuters) - Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New ...
The Press of Atlantic City17h
Atlantic Shores vows to push forward with NJ wind farm despite Shell's reported pullout
Atlantic Shores says it will push forward with its planned wind energy farm off the coast of southern New Jersey despite the ...
Offshore wind farms could cause significant ecosystem, economic and human health risks
The materials used to protect wind turbines from corrosion leach into the surrounding water, which could pose risks to ...
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EIB Grants €400M Loan for Poland's Offshore Wind Farm to Boost Renewable Energy and Security
This loan is the largest contribution by any financial institution from its own resources to the Baltica 2 project, and forms part of a €1.4 billion package approved by the EIB, with backing from ...