Wind producer Gamesa cancels offshore wind project planned for Virginia

Gamesa, a major producer of wind farms globally, has shelved its plan for an offshore wind farm in Virginia because a difficult financing climate and weaker “regulatory” support in the US.

The company will instead focus on building an offshore prototype off the coast of Spain.

Gamesa had built an offshore turbine at a Research and Development Center in Cape Charles, Virginia, but reported that “prospects for the U.S. offshore market and its regulatory conditions in this segment so far do not justify the next step, the installation of a prototype in