A developer hoping to build America’s first offshore wind farm is taking another look at its costs after reports attacked its plans as too expensive, technically unproven, and likely to have a negative effect on the local economy.

Fishermen’s Energy, a consortium of fishing companies, plans to build the wind farm in New Jersey waters three miles off the coast in a five-turbine pilot project that it hopes will pave the way for a bigger installation in federal waters farther offshore. Keep reading →