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Atlantic Shores halts New Jersey offshore wind project due to economic and partner issues.
Atlantic Shores, a renewable energy company, has halted its offshore wind project off New Jersey due to economic challenges, the withdrawal of partner Shell, and the loss of regulatory support.
The project, which aimed to power about 700,000 homes, faced opposition from local fishing groups concerned about environmental impacts.
Despite the cancellation, Atlantic Shores CEO Joris Veldhoven says the company remains open to future offshore wind projects.
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Atlantic Shores detiene el proyecto eólico offshore de Nueva Jersey debido a problemas económicos y de socios.