RENEWABLE ENERGY
Two Big Steps Made in Push for NJ Offshore-Wind Industry
State puts $13M to prep land for wind port, agrees to let PSEG subsidiary buy share of offshore-power farm
TOM JOHNSON / NJ SPOTLIGHT – The state is directing $13.2 million to begin transforming 200 acres along Delaware Bay into the nation’s first port exclusively geared to serving the burgeoning offshore-wind industry developing along the Eastern Seaboard.
The action by the New Jersey Board of Public Utilities came after the agency also approved Wednesday the acquisition by PSEG Renewable, a subsidiary of the Public Enterprise Group of a 25% interest in Ørsted’s Ocean Wind offshore-wind farm, the first such project to be built off the Jersey coast …
