PSEG Acquires Twenty-Five Percent Stake in Ocean Wind

PSEG, a publicly traded diversified energy company, and Ørsted, a company that develops, constructs and operates offshore and onshore wind farms, have completed PSEG’s acquisition of a 25% equity interest in Ocean Wind. PSEG’s investment in Ocean Wind received approval … Read More

GE Renewable Energy Finalizes Supply, Service Contracts with Ocean Wind

GE Renewable Energy has finalized supply and service contracts (subject to final notice to proceed) with Ocean Wind, the Ørsted project located 15 miles off the coast of southern New Jersey.  Ocean Wind will feature GE’s Haliade-X 12 MW wind … Read More

Murphy Unveils Plans to Build State-of-the-Art Monopile Manufacturing Facility

Gov. Phil Murphy, alongside EEW, Ørsted, legislators and members of the building trades, has unveiled a $250 million investment in a state-of-the-art manufacturing facility to build monopiles for offshore wind turbines that will serve the entire U.S. offshore wind industry.  … Read More

Atlantic Shores Submits Bid in New Jersey’s Second Offshore Solicitation

Atlantic Shores Offshore Wind (Atlantic Shores), the 50-50 joint venture between EDF Renewables North America and Shell New Energies U.S. LLC, submitted its proposal to the New Jersey Board of Public Utilities to supply the state with up to 2,300 … Read More