While the request did not cite difficulty in finding a wind turbine supplier as the cause for the second delay, it did state the following: “The offshore wind equipment market continues to experience significant price volatility and the Company has not yet identified a solution to that volatility”.
“While Invenergy has not resolved this problem, the Company continues to believe that the LLW Project has the potential to provide significant environmental and economic benefits to New Jersey and its residents,” according to the letter sent by the developer to the NJBPU.