In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational assets in the Northeast.
This decision is based on several challenges facing the project, including technology availability, rising cost and a strained timetable to deliver on the original concept.
TenneT has signed multi-year framework agreements with Allseas and Heerema Marine Contractors for transport and installation of at least fourteen 2 gigawatt (2GW) offshore platforms.
The Port of Long Beach has released plans for an ambitious facility conceived to help California and the nation reach renewable energy targets in the coming decades.