Search results for: Eversource

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8 February 2019 Business & Finance

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 […]

14 December 2016 Wind Farm Update

DONG Energy is teaming up with Eversource Energy, a transmission builder from New England who has acquired a 50% ownership interest in Bay State Wind, to jointly develop the project planned off Massachusetts, the United States. The proposed offshore wind farm would be located approximately 15-25 miles south of Martha’s Vineyard in an area that […]

25 June 2019 Operations & Maintenance

Wind turbine maintenance company GEV Wind Power will make Rhode Island the home of its US headquarters. GEV will create approximately 125 jobs consisting of blade technicians, support staff and management. "Rhode Island is a national leader in offshore wind, and I'm thrilled that GEV Wind Power is choosing our state for its U.S. headquarters,'' said […]

10 June 2019 Authorities

The Governor of Connecticut Ned Lamont has signed the legislation approving the procurement of an additional 2,000MW of offshore wind energy in the state. The state's Department of Energy and Environmental Protection (DEEP) will now begin the request for proposal (RFP) process, followed by a public comment period. The RFP will also include the findings of the Commission of […]

6 June 2019 Authorities

The Connecticut State Senate has unanimously approved the procurement of an additional 2,000MW of offshore wind energy. The House Bill 7156, An Act Concerning the Procurement of Energy Derived From Offshore Wind, will now be referred to Connecticut's Governor Ned Lamont for signature into law. The Department of Energy and Environmental Protection is then expected to issue a request for proposal […]

31 May 2019 Grid Connection

The New York Public Service Commission (NYPSC) is seeking public comment on a proposed electric transmission line which would connect the South Fork offshore wind farm to the state's grid. Deepwater Wind South Fork, LLC, a subsidiary of Ørsted, is seeking authorization to install an approximately 3.5 mile submarine export cable from the New York State […]

29 May 2019 Grid Connection

The Rhode Island Public Utilities Commission has approved Ørsted and Eversource’s long-term power contract with National Grid for the 400MW Revolution Wind offshore wind project. According to Ørsted, the 400MW offshore wind farm will power more than 270,000 homes in Rhode Island, which is circa 25% of the state's total electricity use. National Grid filed for […]

15 May 2019 Authorities

The Connecticut House of Representatives has voted 134-10 in favour of legislation authorizing the development of 2,000MW of wind capacity offshore Connecticut. The legislation, House Bill 7156, An Act Concerning the Procurement of Energy Derived From Offshore Wind, will next be referred to the State Senate. It ensures that the Department of Energy and Environmental Protection (DEEP) must […]

3 May 2019 Ports & Logistics

Bay State Wind, a joint venture between Ørsted and Eversource, has partnered with the Connecticut Port Authority and terminal operator Gateway to prepare State Pier in New London for the coming offshore wind projects in New England. The new partnership has committed to a public-private investment of USD 93 million to upgrade State Pier's infrastructure and […]

23 April 2019 Training & Education

Ørsted US Offshore Wind and Eversource, owners of the Revolution Wind project, have pledged USD 4.5 million to support offshore wind education and supply chain development in Rhode Island. The funding will be invested locally, with USD 3 million dedicated for higher education around offshore wind programs led by the University of Rhode Island (URI), which […]

15 February 2019 Business & Finance, Wind Farm Update

Vineyard Wind has officially submitted a bid in New York State’s first offshore wind solicitation for the Liberty Wind project which includes the option of up to 1.2GW of capacity to be developed. The Liberty Wind proposal includes project size options of 400MW, 800MW and 1,200MW which would be produced by turbines located 85 miles away from […]

15 February 2019 Authorities, Contracts & Tenders

Four proposers responded to New York State's first offshore wind solicitation with a total of 18 bids, according to the New York State Energy Research & Development Authority (NYSERDA). As previously reported, Equinor submitted a bid to develop its Empire Wind project in response to the state's solicitation to procure 800MW or more of offshore wind renewable energy certificates (ORECs). The second bid came […]

15 February 2019 Grid Connection

Ørsted and Eversource Energy signed a Memorandum of Understanding with Con Edison Transmission to support the development of the transmission facilities needed to deliver the energy produced by the proposed Sunrise Wind offshore wind farm to the New York grid. The MoU also gives New York's transmission developer an eventual right to acquire the offshore portion […]

16 January 2019 Authorities, Business & Finance

New York State Governor Andrew M. Cuomo has called for 9,000MW of offshore wind energy to be developed in the U.S. state by 2035. The New York Governor proposed the quadruple of the current target of having 2,400MW installed by 2030 in his 2019 State of the State Speech. To complement the Green New Deal, Cuomo is directing […]

4 January 2019 Authorities, Contracts & Tenders, Wind Farm Update

Five developers have expressed intent to participate in the New York State's first offshore wind solicitation targetting 800MW of capacity, according to the New York State Energy Research & Development Authority (NYSERDA).

31 December 2018 Authorities, Contracts & Tenders, Wind Farm Update

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.

21 December 2018 Authorities, Business & Finance, Wind Farm Update

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.

8 October 2018 Business & Finance, Contracts & Tenders

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.

7 August 2018 Wind Farm Update

US offshore wind developer Bay State Wind has revised a turbine layout pattern on a New England offshore wind farm in response to feedback from fishermen and community members. The change will accommodate historical fishing patterns, and help to provide greater ease of fishing within, and transiting through, the wind farm, Bay State Wind, a partnership […]

23 July 2018 Business & Finance, Wind Farm Update

Oil & gas giant Shell has filed the required documents to qualify for bidding at an upcoming offshore wind lease sale in Massachusetts, due to take place this fall, according to Bloomberg Environment. 

12 July 2018 Training & Education

Three Massachusetts-based institutions for higher education have signed a Memorandum of Understanding (MOU), called Connect4Wind, to share resources and collaborate on the development of curriculum and programs centered on the offshore wind energy sector.

14 June 2018 Authorities, Contracts & Tenders, Jobs & Recruitment, Operations & Maintenance, Ports & Logistics, Wind Farm Update

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.

24 May 2018 Business & Finance, Wind Farm Update

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.

23 May 2018 Authorities, Contracts & Tenders, Wind Farm Update

Vineyard Wind has been selected as the winner of the 800MW offshore wind Request For Proposals in Massachusetts.

21 May 2018 Authorities, Contracts & Tenders, Wind Farm Update

Massachusetts state regulators and utilities are to decide this week which of the three proposed offshore wind projects is moving forward.

8 May 2018 Business & Finance, Training & Education

Bay State Wind has revealed plans to build and operate an offshore wind training center in New Bedford in Massachusetts, US.