Some big offshore wind projects have recently run into the challenges of rising interest rates and delays in getting key components, and developers say some projects no longer make financial sense.

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But don’t panic just yet. Rather than saying that projects can’t happen, companies are saying they need to renegotiate agreements. The result is likely to be delays and an increase in costs for consumers, which is not ideal—but far from a catastrophe.

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In the near term, the U.S. offshore wind industry will soon be celebrating completion of Vineyard Wind 1 off of Massachusetts. The 806-megawatt project is the first large offshore wind farm in the country, joining smaller projects off of Rhode Island and Virginia. (I’ve previously described it as an 800-megawatt project, but the developer now lists the higher number.)

On Tuesday, the developer announced that wind turbine installation has begun in the waters about 30 miles south of Cape Cod, with barges carrying gigantic parts out to sea for assembly.

The project should be operational sometime next year.