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The Connecticut Port Authority, Gateway Terminal and the City of New London have established a partnership under which New London will receive a share of the revenue coming from the State Pier. Under the terms of the partnership, New London will receive 10% of the Port Authority’s share of the revenue from the State Pier, in […]
Connecticut’s Department of Energy and Environmental Protection has selected Ørsted’s Revolution Wind project to move forward to negotiate a fixed-price power purchase agreement (PPA) with the state’s power distribution companies for 0.42TWh per year equivalent to 100MW offshore wind capacity.
Ørsted US Offshore Wind has received approval from Connecticut’s Public Utilities Regulatory Authority for a 20-year power purchase agreement (PPA) for its Revolution Wind offshore wind farm.
The State of Connecticut has selected Deepwater Wind’s 200MW Revolution Wind project under the recent Clean Energy Request for Proposals, marking the state’s first procurement of offshore wind.
The Governor of Connecticut Dannel P. Malloy is requesting an approval from the State Bond Commission for a USD 15 million investment to upgrade the State Pier in New London and enable it to be used for seven offshore wind projects planned in the northeast.
US offshore wind developer Vineyard Wind LLC has responded to Connecticut’s Department of Energy and Environmental Protection’s (DEEP) request for proposals for offshore wind energy.
US-based offshore wind developer Deepwater Wind has proposed to supply 200 megawatts from its Revolution Wind project to Connecticut.
Ørsted and Eversource have through their joint venture, Bay State Wind LLC, submitted a bid to build Connecticut’s first offshore wind farm, in response to the state’s request for proposals for offshore wind energy generation.
The Department of Energy and Environmental Protection (DEEP) of the US state of Connecticut has issued a Request for Proposals (RfP) seeking to solicit up to 825,000 MWh of offshore wind-generated power annually.
Connecticut’s consumer counsel is supporting the proposed merger of Nstar with Connecticut-based Northeast Utilities for USD 4.9 Billion, according to The Associated Press. NU agreed to many demands, those being USD 25 million rate credit for customers, a separate rate freeze on distribution costs and few others voiced by Connecticut in exchange for the approval. […]
Decisions on how US offshore wind farms will be financed are needed quickly to ensure smooth sailing for a growing number of offshore wind projects, according to a white report released by the Business Network for Offshore Wind (BNOW). “We may hit some windy financing turbulence with the loss of tax equities and safe harbor provisions […]
The U.S. offshore wind industry represents a circa USD 70 billion CAPEX revenue opportunity to businesses in the local supply chain, according to a new white paper by Special Initiative on Offshore Wind (SIOW). The analysis, provided by Renewables Consulting Group (RCG), offers a road map for states and a menu for suppliers to build new offshore wind […]
Ørsted has divested 50% of the Revolution Wind and South Fork offshore wind projects and two lease areas off the coast of New England, U.S., to Eversource. According to Ørsted, the divestment of 50% of the offshore wind assets took place at a purchase price of approximately USD 225 million. Revolution Wind is set to deliver […]
The Connecticut Port Authority (CPA) has reached an agreement with Gateway New London LLC for the long-term operation of State Pier in New London. Under the terms of the 20-year agreement, Gateway assumes operation of State Pier on 1 May 2019, with an option at the end of the term for the CPA to extend […]
Vineyard Wind has formally endorsed a transit corridor plan for fishing vessels in federal waters off the coast of Massachusetts and Rhode Island, which includes a direct passage through the middle of the company’s 800MW offshore wind lease area.
The U.S. Bureau of Ocean Energy Management (BOEM) is holding the New York Bight Intergovernmental Renewable Energy Task Force meeting on 28 November in New York.
Danish offshore wind developer Ørsted has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest in Rhode Island-based Deepwater Wind at a purchase price of USD 510 million.
The offshore wind industry could support an annual average of 847 jobs in the U.S. state of South Carolina through 2035, according to The South Carolina Jobs Project: A Guide to Creating Jobs in Offshore Wind report.
US-based GZA GeoEnvironmental has begun a multi-million dollar offshore geotechnical engineering program for Deepwater Wind in Rhode Island Sound at the sites of the proposed South Fork Wind and Revolution Wind projects. Working from a 200-foot class lift boat mobilized earlier this month from Quonset Point, Rhode Island, a 28-person GZA-led crew is now taking and […]
US offshore wind developer Deepwater Wind is beginning a new phase of work that will help inform the design and locations of the turbines at the South Fork Wind Farm and Revolution Wind projects.
US offshore wind developer Deepwater Wind has adopted a procedure designed to prevent impacts to commercial fishing gear from offshore wind energy activities.
The New York-based Reinauer Group of Companies has formed Windserve Marine LLC, a new member company established to provide support services to the US offshore wind industry.
Danish offshore wind developer Ørsted reported DKK 3 billion (EUR 402.7 million) net profit in the first quarter of 2018, a 150% spike compared to the same period last year, largely due to a strong performance of operating wind farms in the UK.
Notus Heavy Lift Solutions has entered the US offshore wind market with the launch of an office in New York.
The US Bureau of Ocean Energy Management (BOEM) is holding the New York Bight Renewable Energy Intergovernmental Task Force on 9 May in Newark, New Jersey.
By: Jason Deign, for New Energy Update The US offshore wind sector ended 2017 on a slightly ironic note. Plans for Cape Wind, which was supposed to have been the country’s first offshore wind farm, were finally shuttered after a long period of uncertainty. But prospects for the rest of the market looked better than […]