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The strong winds off the Atlantic Ocean could become a cost-effective way to power much of the East Coast — especially North and South Carolina, Delaware, Massachusetts, New Jersey and Virginia, a new study released Tuesday says.
Ørsted has entered into an agreement with global infrastructure investment manager I Squared Capital and management shareholders to acquire a 100% equity interest in Lincoln Clean Energy LLC (LCE), a US-based developer, owner and operator of onshore wind farms.
Ørsted and its joint venture partner Eversource will continue progressing the Bay State Wind project towards the next solicitations in New England and New York, Ørsted’s Executive Vice President Martin Neubert said after the project was not selected under the 83C solicitation in Massachusetts.
As the Trump Administration issued the draft proposal for the 2019-2024 National Outer Continental Shelf (OCS) Oil and Gas Leasing Program on 4 January, the move to make more than 90% of OCS available for oil and gas exploration and production saw opposition from several U.S. coastal states, including those that want more renewable energy in their future.
Fugro has won contracts by Ørsted to undertake geotechnical investigations at Bay State Wind and Ocean Wind offshore wind farms in the United States.