All articles tagged with #project delays
California lawmakers are urging a $1 billion annual investment from cap-and-trade revenue to support the high-speed rail project amid funding uncertainties, delays, and cost overruns, emphasizing its potential for job creation and economic growth.
A report by U.S. Transportation Secretary Sean P. Duffy exposes significant mismanagement, delays, and financial shortfalls in California's high-speed rail project, indicating it is in default of federal grants and unlikely to be completed on time or within budget, raising questions about continued federal investment.
Ørsted has abandoned its Ocean Wind 1 offshore wind farm in the US due to supply chain bottlenecks, primarily vessel shortages, which have also affected its Revolution Wind and Sunrise Wind projects in the US, as well as the Changhua 1 and 2a projects in Taiwan. The company cited vessel availability as the main stumbling block and expects a longer timeline for Revolution Wind and Sunrise Wind. Additionally, the completion of the Greater Changhua 1 & 2a wind farm in Taiwan has been pushed back to early 2024 due to delays in installing the remaining wind turbines.