Shell plc is withdrawing from the Atlantic Shores wind project of New Jersey, writing off nearly $1 billion as the energy major retreats from its earlier pivot toward renewables. In its quarterly earn ...
Maine’s formal interest in developing ocean wind energy dates back to 2008, when former Gov. John Baldacci created an Ocean Energy Task Force to devise a strategy.
The company said the new investments are the first part of a larger $9 billion investment plan through 2028 that was announced in December. Currently GE Vernova has more than 18,000 workers across the ...