Joe Biden’s green energy plans just took another hit as three large New York offshore wind projects were scrapped Friday after the state was unable to reach “final agreements” with General Electric despite the fact that the three proposed developments had received provisional awards in October 2023.
NYSERDA, the state authority in charge of the deals, announced Friday that no final agreements could be reached with the three projects that received provisional awards in October 2023. Those bids were all linked to major supply chain investments by General Electric and a larger turbine it planned to build that was aimed at boosting the region’s renewable energy portfolio.
The news is not good for Joe Biden:
[The cancellation is] a major hit to the industry in the state and the nation.
The decision is another setback to New York’s aspirations to achieve 70 percent renewable…
