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BP Buying $1.1 Billion Stake in U.S. Offshore Wind

The move by major oil and gas exploration companies into renewable energy has taken another significant step, as BP announced a $1.1 billion deal to buy the U.S. offshore wind…


New Jersey Opens Solicitation to Triple Offshore Wind Commitment, Outlines Pathway to 7.5 GW by 2035

New Jersey on Sept. 9 opened a second state offshore wind solicitation that could triple its committed capacity from 1.1 GW to 3.5 GW. The state this week also laid…