New Jersey regulators have declined to award another offshore wind power project in the face of a federal permitting freeze.
The New Jersey Board of Public Utilities made the announcement the same day the NJEDA said it would explore potential ...
This is a shrewd move as its foreign owners await an imminent decision from the New Jersey Board of Public Utilities on a new bid to secure additional ratepayer subsidies for the projects.
New Jersey's offshore wind industry continues losing steam as companies drop out and Trump halts federal permitting.
New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2025 first quarter ended December 31, 2024.