Monopiles are large steel tubes driven into the ocean floor to support offshore wind turbines.
EEW American Offshore Structures Inc. and affiliate EEW AOS Paulsboro Urban Renewal, LLC filed chapter 11 petitions on April 8, 2026…The filing follows the cancellation of two contracted offshore wind projects, a pending eviction action by the port operator, and ongoing unfair labor practice proceedings before the National Labor Relations Board…
New Jersey Governor Phil Murphy announced a $250 million investment in the Paulsboro facility in December 2020… As of mid-2023, the expansion was one year behind schedule, and the subsequent cancellation of the facility’s contracted projects halted further construction…
Orsted canceled both Ocean Wind 1 and Ocean Wind 2 in October 2023, citing rising interest rates, inflation, and supply chain disruptions… Orsted subsequently agreed to pay the State of New Jersey $125 million for pulling out of the two wind projects, less than half the $300 million originally guaranteed.
Vineyard Wind has completed construction of the 62-turbine wind farm southwest of Nantucket, but the future of the project appears to be very much in jeopardy.
Vineyard Wind is suing GE Renewables, the manufacturer of its turbines, to block the company from backing out of the project. Without its partner, Vineyard Wind stated in its lawsuit that the entire $4.5 billion offshore wind project is imperiled…
The lawsuit was prompted by GE Renewables (GER) sending a termination notice to Vineyard Wind on February 27, claiming the offshore wind developer had failed to cover more than $300 million in unpaid bills. Terminating those agreements would leave Vineyard Wind unable to operate and maintain its turbines, which run on GE Renewables’ proprietary designs, technology, and software, according to the legal filing…
Vineyard Wind claims it is owed more than $545 million by GE Renewables for expenses incurred due to defective blades shipped from GE Renewables’ manufacturing plant in Gaspe, Canada. In July 2024, one of those blades collapsed and shattered, sending tons of debris onto Nantucket’s beaches and surrounding waters, prompting the federal government to shut down the project for months. It was later determined that more than 60 blades that had already been installed at the wind farm were also defective and needed to be replaced.
An interesting tidbit buried down in the OP link about what if the two parties can’t work something out.
The endgame of the lawsuit is not yet clear, but if GE Renewables successfully walks away from the project and Vineyard Wind’s dire warnings regarding “a dormant wind farm graveyard” come to fruition, there is no funding available to remove the massive, 800-foot turbines.
That is because the federal Bureau of Ocean Energy Management (BOEM) in 2021 granted Vineyard Wind a so-called “departure request,” or waiver), from a requirement that it provide financial assurance for decommissioning costs before the installation of the turbines. The federal agency allowed Vineyard Wind to defer the payment of its decommissioning bond until the 15th year of commercial operations…
At the time the waiver was granted in 2021, BOEM estimated that Vineyard Wind’s decommissioning liability at approximately $191 million, according to BOEM public affairs officer Brian Walch.