Purchase of Norwalk properties near SoNo school clears latest funding hurdle

Wind industry comes to New London

The activity at the pier on this late summer Wednesday is related to the remaining construction projects needed to complete the $309 million in upgrades to the 40-acre site. But the wind industry has moved in, dominating the grounds of the pier with massive wind...
Purchase of Norwalk properties near SoNo school clears latest funding hurdle

U.S. offshore wind slammed by runaway costs

More than 10 gigawatts of offshore wind projects along the U.S. East Coast — the equivalent of roughly 10 nuclear power reactors — are at serious risk as higher costs force developers to re-crunch the numbers for proposals originally modeled years ago, before a runup...