#Latest news with #energycertificatesBloomberg4 days agoBusinessBloombergNJ Wind Project That Trump Dubbed a Disaster Is CanceledThe developer of a New Jersey offshore wind farm designed to power more than 700,000 homes has pulled the plug on the project, the latest setback for a sector whose prospects have worsened under the Trump administration. 'This filing marks the closing of a chapter,' Atlantic Shores Offshore Wind Chief Executive Officer Joris Veldhoven said in a statement Monday. Last week the company filed a motion with regulators to terminate the renewable energy certificates the project had been awarded. The certificates would have underpinned the project's finances.
Bloomberg4 days agoBusinessBloombergNJ Wind Project That Trump Dubbed a Disaster Is CanceledThe developer of a New Jersey offshore wind farm designed to power more than 700,000 homes has pulled the plug on the project, the latest setback for a sector whose prospects have worsened under the Trump administration. 'This filing marks the closing of a chapter,' Atlantic Shores Offshore Wind Chief Executive Officer Joris Veldhoven said in a statement Monday. Last week the company filed a motion with regulators to terminate the renewable energy certificates the project had been awarded. The certificates would have underpinned the project's finances.
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