An injunction against General Electric Co.'s massive Haliade-X wind turbine is set to raise offshore wind development costs, but the hurdle appears tailored to help the US meet its renewable energy goals.
Industry watchers said the injunction, granted Wednesday by a Massachusetts federal district court, represents a setback for a heavily consolidated, nascent industry. More than 2,000 turbines will be needed for the US to meet its goal of building 30 gigawatts of offshore wind generating capacity by 2030, said Kris Ohleth, executive director for the Special Initiative on Offshore Wind at the University of Delaware.
“It’s going to ...
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