Orsted puts up 100M guarantee that it will build New Jerseys first offshore wind farm by 2025

Orsted puts up 100M guarantee that it will build New Jerseys first offshore wind farm by 2025

OCEAN CITY, N.J. – The Danish wind energy company Orsted has put up a $100 million guarantee that it will build New Jersey’s first offshore wind farm. But it will lose that money if the project is not operating by Dec. 2025 — a year after the deadline approved by…Read More

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