Massachusetts offshore wind project that Biden visited is no more as Trump retakes office
A $300 million offshore wind cable plant development project in Somerset that President Biden visited in July 2022, ushering in the country’s transition to clean energy, is off the table after its Italian developer walked away from it. The Prysmian Group backed out of its nearly three-year endeavor of gaining necessary local and state permits on Friday, days before President-elect Trump retakes office, saying it wouldn’t purchase the land needed for the effort. Massachusetts Congressman Jake Auchincloss called Prysmian’s decision to walk away from its submarine cables factory at Brayton Point “disappointing and discouraging.” “Donald Trump has unraveled (the) promise of good jobs by threatening a moratorium on offshore wind,” Auchincloss said in a statement Friday night, “generating so much uncertainty that companies pull back investment.” The Prysmian Group did not explicitly connect its withdrawal from the project to Trump’s cutdown threat. more, >>CLICK TO READ<< 16:32
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