Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ Advance Media on Thursday that the developer remained committed to the project.
Shell pauses N.J. offshore wind project as industry faces ‘high level of uncertainty’
The Atlantic Shores wind project was expected to start construction this year. The remaining developer says it’s still committed.
Shell Pulls Out of Atlantic Shores Offshore Wind Project
On a fourth quarter earnings call Jan. 30, Shell plc told analysts that the company was pausing its involvement in the Atlantic Shores offshore wind farm project. The company said it will take a $956 million write-off.
Trump's executive order shakes offshore wind industry as oil giant Shell backs out of New Jersey project
Oil giant Shell exits a $1 billion New Jersey offshore wind project amid Trump’s restrictions on renewable energy, citing market challenges and uncertainty. Offshore wind opponents celebrate, while clean energy advocates warn of setbacks.
Trump executive order may leave California offshore wind projects up in the air
The blitz of executive orders issued by the new Trump Administration included a directive that raises questions whether massive amounts of anticipated electric generation from still-to-be-constructed offshore wind projects off California’s coast will eventually flow into the state’s power grid.
Trump likely can’t touch permitted offshore wind projects in New England
President Donald Trump’s cessation of new offshore wind projects as one of his first matters of business sent a chill throughout the multi-billion dollar industry that’s taken root across the nation.
Wind farm developer said project will continue despite loss of major investor
The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore wind projects.
Shell hits pause on NJ offshore wind project
The announcement clouds the future of the Atlantic Shores Offshore Wind venture, a punching bag for President Donald Trump.
Shell writes off $1 billion, exits US offshore wind project
Plc announced its withdrawal from the Atlantic Shores offshore wind farm project in the US, resulting in a write-off of nearly $1 billion. The decision was disclosed in the company's quarterly earnings report on Thursday,
Offshore Wind Takes a Blow From Trump's Attacks on Clean Energy
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
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Atlantic Shores commits to New Jersey wind project despite Shell’s write-off
Atlantic Shores, a joint venture between Shell and France’s EDF, has reaffirmed its commitment to delivering New Jersey’s ...
Shell withdraws from big N.J. wind farm that Trump wanted ‘dead and gone’
Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New ...
Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its ...
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell ...
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Atlantic Shores vows to push forward with NJ wind farm despite Shell's reported pullout
Atlantic Shores says it will push forward with its planned wind energy farm off the coast of southern New Jersey despite the ...
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's ...
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Shell's $1bn hit to quit US offshore wind plan Trump wants 'dead and gone'
Oil giant says Atlantic Shores project with EDF doesn't fit 'capabilities or returns' as it books near $1bn impairment ...