A pullout from offshore wind could hurt communities such as Paulsboro, where a wind-related port promised jobs and town revenue.
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions.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 ...
EDF says write down against US offshore wind project it co-owns with Shell follows 'significant evolutions' in policy ...
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders. It’s ...
EDF said it was taking a write-down of $944 million on Atlantic Shores, which earlier this month lost its partner in the ...
States like New York and New Jersey won’t be able to meet ambitious renewable energy targets without offshore wind power.
In Win for Trump, Oil Giant Shell Walks Away From Major New Jersey Offshore Wind Farm In the first serious fallout from President Donald Trump's early actions against offshore wind power ...
French state-owned EDF announced its exiting the project. The announcement comes three weeks after Shell announced it was withdrawing from the joint venture.
Shell is reportedly taking a write-off of nearly ... The Danish wind energy company scrapped its proposed wind farms off New Jersey in October 2023 after determining the projects were no longer ...
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...