North America
June 12, 2023
Renewables | Wind Power
Visual Primer Series
Visual Primer: U.S. Offshore Wind Industry Strives to Adapt to Challenges as Projects Advance
As projects pass through the development phase, developers are tackling challenges including construction risk, financing, and transmission requirements.
Federal and state goals have boosted the offshore wind industry, leading to several projects under various stages of development. Although cost increases have challenged some projects along the East Coast, development activities are gaining momentum along the West Coast.
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