Land-based wind turbines turn in Atlantic City, N.J. on July 20, 2023. On Oct. 2, 2023, New York based Attentive Energy said it plans to build a wind energy farm 42 miles off the coast of Seaside Heights, N.J., the farthest offshore of the seven wind projects publicly proposed for New Jersey and among the farthest offshore on the U.S. East Coast. Land-based wind turbines turn in Atlantic City, N.J. on July 20, 2023. On Oct.
Those deadlines call for the project to reach commercial operation in stages by May 1, Sept. 1 and Dec. 1, 2024. But it would forfeit the guarantee money if the project is not operational by December 2025.Sen. Menendez is accused of being an unregistered agent of Egypt’s government in updated indictmentThe money put up on Oct. 4 by Orsted and placed in an escrow account was required under the terms of a law Gov.
Orsted said in a statement that Wednesday’s approval by the New Jersey utilities board “continues the process of complying with the statutory requirements outlined in legislation signed by Governor Murphy earlier this year.” The company said during an earnings conference call that it could be forced to write off about $2.3 billion on U.S. projects that are worth less than they had been. It also said it had considered simply abandoning theThe company did not respond to repeated requests Wednesday and Thursday for clarification of its timetable for the project. Its web site says only, “The project is scheduled to become operational in 2025, with final commissioning in 2026.
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