The proposed offshore wind farm projects in Hawaii will have to overcome various regulatory hurdles, construction challenges and public scrutiny, if they come at all.
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"It's phenomenally complicated. It is very, very difficult to do. It's by a fact of a minimum ten times more complex than any other project ever tried anywhere on earth," Petersen said by phone.
The company also acknowledged several potential development hurdles justifying the project’s $1.9 billion price tag. For example, the company stated there are no manufacturing or harbor facilities yet available in Hawaii that are suitable for assembling an offshore wind project at this scale. However, the company also believes it is possible to not exceed a cost of $5 million per megawatt installed.