Offshore wind energy is gaining momentum in the U.S. with the completion of Orsted’s South Fork Wind farm, providing power for 70,000 homes annually. Despite challenges like rising interest rates and supply chain issues, the industry is making progress. The project showcases the potential of offshore wind farms, with turbines towering over 460 feet above the water. Orsted’s investment in multiple projects along the East Coast demonstrates a commitment to the industry’s growth. While financial setbacks have led to projects being canceled, the industry is resilient and adapting to changing circumstances. With more projects in development, the future of offshore wind energy in the U.S. looks promising.
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