Energy

New Jersey will soon be home to a major offshore wind port

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Nora Carol Photography | Moment | Getty Images

The governor of New Jersey has unveiled plans to develop what is being described as the United States’ “first purpose-built offshore wind port”, with construction work on the $300 million to $400 million project scheduled to begin next year.

It’s expected that building work will involve two phases. The first will focus on the development of a 30-acre area for marshalling activities as well as a manufacturing site for components that will span 25 acres. The second will extend the scheme’s footprint by more than 150 acres.

The project is to be based on an artificial island in Lower Alloways Creek Township, authorities said Tuesday.

“Offshore…



Source cnbc.com

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