President Biden's administration approves 10th offshore wind project in Maryland, aiming for 30GW by 2030.
President Biden's administration has approved its tenth offshore wind project, the Maryland Offshore Wind Project, which could generate over 2 gigawatts of renewable energy, powering 718,000 homes. This approval marks a significant step towards the goal of 30 gigawatts of offshore wind capacity by 2030. However, the industry faces challenges including inflation and supply chain issues, leading to more project delays than completions. The Biden administration aims to enhance local benefits and job creation through these initiatives.
September 05, 2024
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