1022 results found for 'Massachusetts'

1022 results found for 'Massachusetts'
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  • Regulatory Approval Times Slowing Wind Power Progress (USA)

    27 October 2010
    Authorities, Business & Finance

    As the offshore wind industry struggles to erect the first wind turbine off US shores, there are hurdles to financing and construction that are difficult, but not insurmountable, industry experts said Tuesday. Lengthy and onerous permitting requirements for offshore wind top the list of obstacles, which includes supply-chain issues, unstable federal incentives and the technical […]

  • USA: Economic Growth Committee Approves Senator Whelan’s Bill

    7 March 2012

    A bill sponsored by Senator Jim Whelan that would assist New Jersey boat builders who have been hard-hit by the economic recession in making the transition to manufacture parts for windmills was unanimously approved yesterday by the Senate Economic Growth Committee. “Manufacturers have had to learn to be adaptable and innovative to stay afloat in […]

  • Iberdrola Secures EUR 1 Billion Loan to Buy Siemens Gamesa and Vestas Wind Turbines

    24 June 2022
    Business & Finance

    EKF Denmark´s Export Credit Agency (EKF) has approved a EUR 1 billion credit facility to the Spanish energy company Iberdrola for the purchase of wind turbines from Vestas and Siemens Gamesa. This is the largest credit facility ever granted by EKF and was done in cooperation with Santander Corporate & Investment Banking (Santander CIB). The […]

  • Offshore Wind Could Meet Nearly All of US 2050 Electricity Demand – Report

    19 March 2021
    Business & Finance

    Offshore wind has the potential to deliver 90 per cent of America’s projected 2050 electricity demand, according to a report released by Environment America Research & Policy Center and Frontier Group. The report, Offshore Wind for America, examined the Atlantic, Pacific, Gulf, and Great Lakes regions and found that each has the capacity to develop […]

  • USA: Wintertime Electricity Prices Will Be Lower with Offshore Wind

    16 December 2014

    Offshore wind will help keep electricity prices low during the coldest winter months, according to an article written on American Wind Energy Association’s (AWEA) blog: In states across the Northeast, including New York and throughout New England, residents are facing increased electricity prices this winter. For example, the price of electricity in Massachusetts could jump […]

  • “Spin, Baby, Spin” (USA)

    24 December 2010

    With Rhode Island Sound now looming as the next frontier for wind development near the Vineyard, the Ocean State’s Gov. Donald Carcieri summed up his state’s energy policy this month with a single phrase: “Spin, baby, spin!” The governor spoke at Roger Williams University on Dec. 10 at a meeting of the Rhode Island/Massachusetts joint […]

  • Dominion and DONG Partner Up Offshore Virginia

    11 July 2017
    Business & Finance, Wind Farm Update

    US electric utility company Dominion Energy Virginia has signed an agreement and strategic partnership with DONG Energy to build two 6-megawatt (MW) turbines off the coast of Virginia Beach.

  • US Offshore Wind Project Pipeline Nears 53 GW

    26 September 2023
    Authorities, Fixed-Bottom, Floating Wind, Industry, Market Outlooks, Outlook & Strategy, Planning & Permitting

    The US has almost 53 GW of offshore wind projects in operation, development and planning stages. This could power more than 18 million US households if all the projects currently in development and planning are built. The US offshore wind pipeline reached 52,687 MW at the end of May 2023, with two offshore wind farms […]

  • New York Company Secures USD 86 Million Offshore Wind Foundation Deal with Ørsted and Eversource

    11 October 2021
    Contracts & Tenders, Wind Farm Update

    Ørsted and Eversource have signed a USD 86 million (around EUR 74 million) contract with Riggs Distler & Company for the supply of wind turbine foundations for the Sunrise Wind offshore wind project in New York. This represents the largest, single offshore wind supply chain contract award in New York State and positions the Port […]

  • “Atlantic Offshore Wind Energy Consortium” Opens Up New Perspectives for Offshore Wind Projects (USA)

    7 July 2010
    Authorities

    Second Offshore Summit in Rostock in September 2010: Knowledge Exchange Between Representatives of German and U.S. Government Agencies and International Offshore Experts The United States are starting to rely increasingly on ocean wind for energy generation. Last month, the “Atlantic Offshore Wind Energy Consortium” was established: U.S. Department of the Interior Secretary Ken Salazar and […]

  • US to Hold Seven Offshore Wind Auctions in Next Three Years

    14 October 2021
    Authorities, Contracts & Tenders

    The US Bureau of Ocean Energy Management (BOEM) plans to organise up to seven new offshore wind lease sales by 2025, according to the country’s Secretary of the Interior Deb Haaland. Offshore wind auctions are expected to be held for Wind Energy Areas in the Gulf of Maine, New York Bight, Central Atlantic, and Gulf […]

  • US Offshore Wind Supply Chain Spans 40 States, Report Says

    20 January 2025
    Business & Finance, Business development, Industry, Manufacturing, Supply Chain

    According to a report released earlier this month, the US offshore wind supply chain spans 40 states as of December 2024, with 1,932 supplier contracts signed for offshore wind and offshore wind-related projects. The report, Offshore Energy at Work, issued by the US offshore renewable energy industry organisation, Oceantic Network on 15 January, shows that […]

  • Multi-Billion-Dollar Investment Needed to Meet Global Offshore Wind Targets by 2026 – Report

    18 August 2023
    Industry, Market Outlooks, Outlook & Strategy

    The global offshore wind supply chain will require USD 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China) by 2030, according to the global research and consultancy group Wood Mackenzie. The figure is based on Wood Mackenzie’s base case outlook which forecasts annual capacity […]

  • Technology Turning Any Port into Floating Offshore Wind Hub Attracts New Investor

    31 May 2023
    Business development, Infrastructure, Ports & Logistics, Technology

    US-based supply chain solutions company serving the offshore wind sector, Crowley, has made an investment in Tugdock, developers of the world’s first road-transportable floating dry dock known as the Tugdock Submersible Platform (TSP). Crowley and Tugdock will explore the potential use of the platforms in locations such as the US West Coast, where depth and […]

  • New Offshore Markets Up Wood Mackenzie’s Wind Outlook

    10 December 2018
    Business & Finance, R&D

    Wood Mackenzie has recently upgraded its Global Wind Power Market Outlook Update: Q4 2018 by 2% compared to the outlook published in the third quarter, partly due to favourable developments in emerging offshore wind markets such as South Korea, Japan, and the USA. More than 680GW of new wind power capacity will come online globally […]

  • THMA, UKTI Organize Offshore Wind Mission to USA

    3 December 2015
    Business & Finance

    Team Humber Marine Alliance (THMA), in partnership with UK Trade & Investment, will lead a Northern Powerhouse offshore wind-focused mission to the USA next spring. Working in tandem with UKTI, Team Humber and regional businesses will head for the east coast of the US from March 6-12, building on increasingly close ties. Companies from the […]

  • Deepwater Wind to Propose Offshore Wind Farm to NYPA (USA)

    16 September 2011
    Business & Finance

    Deepwater Wind hailed yesterday’s announcement by the New York Power Authority​ (NYPA) to jumpstart the process for developing a large offshore wind farm to serve downstate New York. NYPA has filed an application with the United States Department of the Interior​ to lease an offshore site at least 13 miles south of New York City […]

  • DOE, BOEMRE and NOAA Announce Nearly $5 Million for Joint Environmental Research Projects to Advance Ocean Renewable Energy (USA)

    27 October 2010
    Authorities, Business & Finance, R&D

    The Department of Energy (DOE), Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), and the Department of Commerce’s National Oceanic and Atmospheric Administration (NOAA) today announced eight joint research awards totaling nearly $5 million to support the responsible siting and permitting of offshore wind energy facilities and ocean energy generated from waves, tides, currents […]

  • BP and Equinor Part Ways in US

    26 January 2024
    Business & Finance, Project Updates, Wind Farm Update

    Equinor and BP have reached an agreement to restructure the ownership of their joint US offshore wind projects which, following completion, will result in BP taking ownership of Equinor’s 50 per cent stake in the Beacon Wind 1 and 2 projects and Equinor taking ownership of BP’s 50 per cent stake in the Empire Wind […]

  • NRG Puts Offshore Wind Development on Hold (USA)

    13 December 2011

    Acknowledging the monumental challenges in developing a new domestic industry, NRG Energy announced that it is putting active development of offshore wind projects on hold for the near term. NRG’s subsidiary and lead developer of the Mid-Atlantic Wind Park (the Wind Park) off the coast of Delaware, Bluewater Wind, has been unable to find an […]

  • US Proposes 7+ GW New York Bight Offshore Wind Area Lease Sale

    11 June 2021
    Authorities, Contracts & Tenders

    The US Department of the Interior has announced a proposed sale for offshore wind development on the Outer Continental Shelf (OCS) in the New York Bight. This would be the first competitive offshore wind lease sale for the Biden-Harris administration. The proposed lease areas are located in shallow waters between Long Island and the New […]

  • Business Moves on Offshore Wind 2017 Chessboard

    2 January 2018
    Business & Finance

    Throughout the year behind us, we witnessed numerous business moves within the industry from mergers and takeovers to companies securing their positions in non-domestic markets where offshore wind is about to take off. Here, Offshore WIND is reminding of only few of the big business news from 2017. 

  • Sears Island to House Maine’s Floating Offshore Wind Port

    21 February 2024
    Business & Finance, Business development, Infrastructure, Ports & Logistics, Research & Development

    Maine Governor Janet Mills has revealed that the state has selected a section of state-owned Sears Island reserved for port development as its preferred site for a port facility to support the floating offshore wind industry. Based on technical and engineering analyses, and input from port and offshore wind stakeholders – including the University of […]

  • Cape Wind Bring Opportunities to Insurance Industry (USA)

    21 December 2010

    The federal approval of the first wind farm to be built on water in the United States marks a new era for renewable energy projects, said Peter Mavraganis, who was recently appointed leader of Marsh’s U.S. renewable energy practice. “It’s a great new area for all of us, carriers and brokers,” Mavraganis said. U.S. Interior […]

  • U.S. Senator of New Mexico Backs Wind Energy

    5 December 2014
    Authorities

    Expanding wind power across the country could cut as much global warming pollution as 254 coal plants produce in a year, according to a new report, but congressional action is needed to make that expansion a reality, U.S. Senator of New Mexico Tom Udall and other clean energy advocates said yesterday. “Speeding the development of […]

  • Three US Ports Secure Federal Financing for Offshore Wind Projects

    31 October 2022
    Authorities, Business & Finance, Operations & Maintenance, Ports & Logistics

    Three US ports have secured around USD 93.2 million through the Port Infrastructure Development Grants for projects aiming to serve the offshore wind industry. The Arthur Kill Offshore Wind Terminal Project on Staten Island, New York, has secured a little over USD 48 million to fund the dredging of approximately 740,000 cubic yards to create […]