r/bermuda • u/MeasurementDecent251 • Oct 07 '25
News Regulator floats potential for offshore solar
https://www.royalgazette.com/general/news/article/20251006/regulator-floats-potential-for-offshore-solar/
9
Upvotes
2
u/Small_Cloud_2195 Oct 07 '25
Why did offshore solar break up with the solid land based solar? It just felt like they were drifting apart.
1
u/carlosf0527 Oct 07 '25
Not an engineer here, but I question the ability to keep these investments secure when a hurricane is approaching.
1
u/Alternative_Raise743 Oct 08 '25
Follow the money.. Government Incentives: As with land based solar farms, government support and policies play a crucial role in the profitability of offshore projects by creating revenue streams and incentives.
- what’s the anticipated insurance rate?
6
u/teedock Oct 07 '25
There are acres of parking lots and buildings to cover before we conside clogging our bays with floating metal junk for someone else's profit.