New York ends contract negotiations with 3 offshore wind developers due to unresolved terms.

New York has ended contract negotiations with three offshore wind developers due to their inability to reach agreements on terms. This comes after GE Vernova's shift from an 18-megawatt turbine to smaller alternatives, causing setbacks for the offshore wind sector in New York. Previously, NYSERDA had awarded contracts to three offshore projects totaling 2,500 megawatts.

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