Leading Light Wind Project Seeks Second Extension Due to Market Volatility and Supply Chain Issues

  • 📰 6abc
  • ⏱ Reading Time:
  • 34 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Energy Nouvelles

OFFSHORE WIND,TURBINE MANUFACTURERS,SUPPLY CHAIN

Leading Light Wind project faces challenges in securing turbine blades and navigating market uncertainties, prompting a request for an extension.

Leading Light Wind, a proposed offshore wind project in New Jersey, has requested another extension on its timeline. The project, a joint venture between Chicago-based Invenergy and New York-based energyRE, was initially granted a pause by the New Jersey Board of Public Utilities due to difficulties in securing a blade manufacturer.

While the board lifted the first pause on December 20th, Leading Light requested an additional stay through May 20th, citing ongoing market volatility and supply chain challenges. Despite not explicitly stating a blade manufacturer issue as the reason for the second delay, the project has faced hurdles in finding a suitable turbine supplier since its initial approval in January 2024. GE Vernova, Vestas, and Siemens Gamesa Renewable Energy were all considered, but ultimately, none proved to be a viable option. The project, which would consist of up to 100 turbines capable of powering 1 million homes, remains committed to moving forward despite these setbacks

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 250. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Local Lawmakers Fight Wind Power Project to Protect Fishing IndustryWorcester County officials are taking on a major wind power company to protect the local fishing industry. The county is planning to seize two properties needed for a wind farm project, ensuring the continued operation of the area's only commercial seafood wholesalers.
La source: FoxBusiness - 🏆 458. / 53 Lire la suite »