New Jersey's Board of Public Utilities approves 2,658 MW of wind farms off the state's coast, adding to 1,100 MW previously approved and bringing the total to the second-most offshore wind power of any state, behind only New York.
A consortium between Royal Dutch Shell (RDS.A, RDS.B) and Electricite de France (OTCPK:ECIFF) wins a tender to build the 1,510 MW Atlantic Shores offshore wind farm, while Ørsted wins a tender to build the 1,148 MW Ocean Wind II offshore farm.
The Atlantic Shores farm will be located 10.5 miles off the coast of shore towns north of Atlantic City, and the Ocean Wind II will be nearly 14 miles off Cape May.
The projects will still need to clear federal permitting and navigate potential hurdles such as lawsuits from fishing interests and shore communities.
The two new projects are not expected to come online until 2027 at the earliest.