Fast-Moving U.S. Offshore Wind Industry Braces for Hurdles as COVID-19 Disrupts Supply Chains

EnerKnol’s Visual Primer – Fast-Moving U.S. Offshore Wind Industry Braces for Hurdles as COVID-19 Disrupts Supply Chains

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Offshore wind energy, which is key to realize the clean energy transition in several East Coast states, is faced with tough challenges as the COVID-19 pandemic disrupts the global supply chain, affecting project timelines. Delays have the potential to threaten power purchase contracts and federal tax credits that are crucial for project economics.