Offshore Wind News
America's offshore wind industry: project updates, policy shifts, and the road ahead
The US offshore wind industry has hit severe headwinds: supply chain constraints, rising rates, PPA cancellations, and an administration actively paying developers to exit. In March 2026, Trump paid TotalEnergies nearly $1B in lease refunds to cancel the Carolina Long Bay and NY Bight projects — funds redirected to Texas LNG. Projects are still moving, but far slower than early forecasts.
Major Projects
Vineyard Wind 1
Massachusetts. 806 MW. First utility-scale US offshore wind farm. Began commercial operations 2024.
South Fork Wind
New York/Rhode Island. 132 MW. Ørsted & Eversource. Serving Long Island.
Revolution Wind
ConstructionRhode Island/Connecticut. 704 MW. Ørsted & Eversource. Target: 2025.
Sunrise Wind
ApprovedNew York. 924 MW. Ørsted & Eversource. Renegotiated PPA after original cancellation.
Coastal Virginia Offshore Wind
ConstructionVirginia. 2.6 GW. Dominion Energy. Largest US project. Target: 2026.
Ocean Wind 1 & 2
CancelledNew Jersey. Ørsted wrote off $4B. Cited supply chain costs, interest rates, lack of tax credits.
Key Topics We Track
- PPA Renegotiations: States allowing price increases to save projects
- Supply Chain: Jones Act vessels, port infrastructure, turbine manufacturing
- Federal Policy: BOEM leasing, IRA tax credits, permitting timelines
- State Targets: Procurement mandates, OREC programs, solicitations
- Opposition: Fisheries conflicts, viewshed concerns, local politics
Coastal State Coverage
Related Topics
Latest Stories from Archive
Filtering offshore wind, turbine, and coastal energy stories from the renewables archive