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Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions.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 pauses N.J. offshore wind project as industry faces ‘high level of uncertainty’
The Atlantic Shores wind project was expected to start construction this year. The remaining developer says it’s still committed.
Shell writes off $1 billion, exits US offshore wind project
Plc announced its withdrawal from the Atlantic Shores offshore wind farm project in the US, resulting in a write-off of nearly $1 billion. The decision was disclosed in the company's quarterly earnings report on Thursday,
Atlantic Shores commits to New Jersey wind project despite Shell’s write-off
Atlantic Shores, a joint venture between Shell and France’s EDF, has reaffirmed its commitment to delivering New Jersey’s first offshore wind project despite Shell’s recent $1bn write-off related to the venture. The write-off was part of $2.2bn in impairments reported in Shell’s fourth-quarter earnings, as reported by Reuters.
NJ holds off on approving new offshore wind projects after bidders drop out
New Jersey's offshore wind industry continues losing steam as companies drop out and Trump halts federal permitting.
New Jersey cancels offshore wind bidding round as Shell exits Atlantic Shores project
New Jersey's utility board said Monday it canceled its fourth offshore wind solicitation - the process in which the state agrees to buy electricity from planned wind projects - in the latest blow to the struggling U.
New Jersey will not award new offshore wind contracts after Trump order
New Jersey officials on Monday said the state would not grant awards for new offshore wind contracts, a sign that U.S. President Donald Trump's order to review the federal offshore wind program is putting a chill on the industry.
NJ Cancels Offshore Wind Solicitation as Industry Struggles
New Jersey will not move forward with an award in its fourth offshore wind solicitation, the process by which it agrees to buy electricity from planned wind projects, the state’s utility board said Monday.
New Jersey puts brakes on offshore wind projects
New Jersey is backing away from several major offshore wind projects as the Trump administration seeks to pull federal leases for the clean energy initiatives. Gov. Phil Murphy announced this week that New Jersey won't be providing financial support for a pair of offshore wind projects,
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's ...
The Press of Atlantic City9h
Atlantic City Council repeals ordinance aiding offshore wind company Atlantic Shores
Atlantic City Council unanimously voted to repeal an ordinance that would have helped Atlantic Shores move electricity from a ...
Shell withdraws from big N.J. wind farm 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 ...
Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its ...
Recharge2d
New Jersey scraps offshore wind round over Shell and Trump
State says 4GW fourth round won't go ahead after Shell withdraws as equity partner in only project standing, and amid ...
The Press of Atlantic City6d
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 ...
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 ...
N.J.’s first offshore wind farm dealt significant blow from state board after Trump’s attacks
New Jersey’s Board of Public Utilities (BPU) on Monday said it would not award any new wind projects, the latest wallop to ...