shell wind farm - Search News

Shell takes $1-billion hit on wind farm

Shell withdraws from big N.J. wind farm that Trump wanted ‘dead and gone’

Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans. The announcement,

Recharge · 18h

Shell's $1bn hit to quit US offshore wind plan Trump wants 'dead and gone'

Oil giant says Atlantic Shores project with EDF doesn't fit 'capabilities or returns' as it books near $1bn impairment

The Boston Globe · 18h

Shell takes $1 billion hit on wind farm Trump wants ‘dead’

Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Trump seeks to stymie the industry’s development with executive orders.

E&E · 18h

Shell hits pause on NJ offshore wind project

The announcement clouds the future of the Atlantic Shores Offshore Wind venture, a punching bag for President Donald Trump.

Hosted on MSN · 1d

Offshore wind project Trump wanted 'dead and gone' costs Shell $1B

Shell took a $996 million loss after withdrawing from the Atlantic Shores Offshore Wind development, a project Trump recently criticized.

Shell, Atlantic Shores

Hosted on MSN · 11h

Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?

Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ Advance Media on Thursday that the developer remained committed to the project.

Cape May County Herald Newsp… · 5h

Shell Pulls Out of Atlantic Shores Offshore Wind Project

On a fourth quarter earnings call Jan. 30, Shell plc told analysts that the company was pausing its involvement in the Atlantic Shores offshore wind farm project. The company said it will take a $956 million write-off.

Power Technology · 1h

Atlantic Shores commits to New Jersey wind project despite Shell’s write-off

Atlantic Shores has committed to deliver New Jersey’s first offshore wind project despite Shell’s $1bn write-off related to the venture.

Windtech International1h

Shell withdraws from Atlantic Shores Wind Project in New Jersey

Shell has decided to exit the Atlantic Shores wind project off the coast of New Jersey, writing off nearly $1 billion. The company cited concerns over financial returns and strategic fit. “We just don ...

13hon MSN

Atlantic Shores Reaffirms Commitment to New Jersey Offshore Wind Despite Shell's Write-Off

(Reuters) - Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New ...

The Press of Atlantic City18h

Atlantic Shores vows to push forward with NJ wind farm despite Shell's reported pullout

Atlantic Shores says it will push forward with its planned wind energy farm off the coast of southern New Jersey despite the ...

shorenewsnetwork19h

Murphy’s Wind Energy Agenda on Life Support As Shell Takes $1 Billion Loss in New Jersey Pullout

Days after U.S. President Donald Trump put a moratorium on offshore wind energy at the Jersey Shore, labeling it as a victory ...

15h

Wind farm developer said project will continue despite loss of major investor

The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore wind projects.

14hon MSN

Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement

The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its ...

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