CVOW
-
News and Notes
Dominion Sells 50% Stake in $10B Offshore Wind Project
Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an Oct. 25 financial filing said it received proceeds of $2.6 billion for the sale. The amount represents “reimbursement of approximately 50% of project-to-date capital investment.” […]
Tagged in: -
Power
POWER Digest [November 2023]
Canada Commits CA$3B to Complete Romania’s CANDU Nuclear Construction. Canada will loan CA$3 billion in available export financing to Nuclearelectrica S.A. (SNN), Romania’s state-owned operator of the
-
Offshore Wind
Dominion Estimates $10B Installation Cost for 2.6-GW Virginia Offshore Wind Farm
Dominion Energy is revving up its efforts to build the 2.6-GW Coastal Virginia Offshore Wind (CVOW) commercial project before 2027 to meet state requirements, it said in a detailed filing for the $9.8 billion project submitted to the Virginia State Corporation Commission (SCC) on Nov. 5. CVOW, which will be sited on a federal lease […]
Tagged in: -
Wind
Siemens-Gamesa Bags Deal for Mammoth 2.64-GW Virginia Offshore Wind Project
Dominion Energy’s proposed 2.64-GW Virginia Offshore Wind project—the world’s largest single offshore wind project proposed to date—will likely feature turbines supplied by Siemens Gamesa Renewable Energy (SGRE). A Jan. 7-announced preferred supplier agreement signed by the two companies could give the wind turbine maker a stronghold in the burgeoning offshore wind U.S. market. While the […]
-
News
GE Is Speeding Massive Offshore Wind Turbine to Market
GE Renewable Energy’s mammoth offshore wind 12-MW Haliade-X turbine is on track for an accelerated commercial launch in 2021, the company said as it unveiled the turbine’s first manufactured components on July 22. Haliade-X features a 220-meter (m) rotor and a 107-m blade designed by GE subsidiary LM Wind Power. The turbine design also includes […]