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Offshore wind sector rocked by shelving of huge government-backed project as costs rise

Summary by Renew Economy
Plans to develop one of world's largest offshore wind farms shelved - just months after winning government support - because it no longer makes economic sense.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Renew EconomyRenew Economy

Offshore wind sector rocked by shelving of huge government-backed project as costs rise

Plans to develop one of world's largest offshore wind farms shelved - just months after winning government support - because it no longer makes economic sense.

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Renew Economy broke the news in on Thursday, May 8, 2025.
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