Empire Wind and the Building & Construction Trades Council of Greater New York and Vicinity (BCTC) announced a Project Labor Agreement (PLA) for the construction of the South Brooklyn Marine Terminal (SBMT). The revitalized SBMT will play a key role in Equinor’s development of the Empire Wind offshore wind project as a staging and assembly…
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As wind turbines grow larger, so do risks in tornado-prone areas
Underwriting insurance for wind turbines involves a comprehensive evaluation of factors that can influence the risk and potential losses associated with these structures. Insurers consider a range of specific elements to determine the level of risk and to determine insurance premiums. Key factors involved in underwriting wind turbine insurance include the geographic location and climate…