Vineyard Wind
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Renewables
Nearly 5 GW of New Offshore Wind Power Approved for the U.S. Northeast
Over the past week, the offshore wind power sector in the U.S. received two major federal approvals that could add nearly 5 GW to the grid. On July 1, the Bureau of Ocean Energy Management (BOEM) approved a construction and operations plan (COP) for Avangrid’s 791-MW New England Wind 1 project and 1,080-MW New England Wind […]
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Offshore Wind
Vineyard Wind Delivers First Power to New England Grid
Copenhagen Infrastructure Partners (CIP) and Avangrid said the Vineyard Wind 1 offshore wind installation sent electricity to the power grid for the first time late on Jan. 2. The companies on Jan. 3 said Vineyard Wind 1, as part of its initial commissioning, delivered about 5 MW of electricity to the New England grid at […]
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Solar
Iberdrola Terminates $8 Billion Deal to Acquire New Mexico Utility
Avangrid, the U.S.-based unit of Spanish energy giant Iberdrola, said it has terminated its planned acquisition of New Mexico utility PNM Resources after failing to receive final approval for the $8.3 billion deal from state regulators. Avangrid officials in a statement on Jan. 2 said the group needed to receive approval for the deal from […]
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Offshore Wind
On Heels of $2.3B Financial Close, Vineyard Wind Joint Venture Partners Announce Restructuring
Partners developing the 800-MW Vineyard Wind 1 offshore wind farm have announced they will swap assets jointly owned by their 50/50 Vineyard Wind joint venture to allow each party to focus on its separate expansion within the burgeoning U.S. offshore wind industry once the 800-MW Vineyard Wind 1 offshore wind farm is operational. The Vineyard […]
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Offshore Wind
In First for the U.S., Vineyard Wind Achieves $2.3B Financial Close for Offshore Wind Farm
Vineyard Wind 1, an 800-MW phase of an offshore wind project offshore Massachusetts, has achieved financial close. The milestone, a first for a U.S. commercial-scale offshore wind farm, now allows Vineyard Wind to provide its contractors with a notice to proceed with construction. Vineyard Wind, a joint venture between AVANGRID subsidiary Avangrid Renewables and Copenhagen […]
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Commentary
Offshore Wind a Biden Priority, but Federal Permits Remain a High Hurdle
President Biden in March of this year announced plans to “jumpstart” offshore wind projects, making that renewable energy resource a focal point of his administration’s energy and environmental policies
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News
Offshore Milestone as Feds Back Vineyard Wind Project
The first large-scale offshore wind farm in the U.S. has received the go-ahead from the federal government, with industry insiders saying the milestone decision is likely to spur more rapid development of the nation’s offshore wind projects. The Vineyard Wind installation, an 800-MW project that will use GE’s Haliade-X turbines, on May 11 received the […]
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News
Report Touts Huge Potential of Offshore Wind
Researchers who study the U.S. offshore wind industry have issued a new report that says the sector could potentially meet 90% of the nation’s electricity demand by 2050. The key is for offshore wind to be fully developed along the Atlantic, Pacific, and Gulf coasts, as well as in the Great Lakes, all areas the […]
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News
Vineyard Wind Step Closer to Construction
The federal agency in charge of U.S. offshore energy management said it has completed the final environmental analysis for a proposed 800-MW offshore wind project, paving the way for the nation’s first commercial-scale development of its kind to move forward. The U.S. Dept. of the Interior’s Bureau of Ocean Energy Management (BOEM) on March 8 […]
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News
BOEM, Bolstered by Biden Offshore Wind Agenda, Resumes Vineyard Wind Review
The Bureau of Ocean Energy Management (BOEM) will resume an environmental review for the 800-MW Vineyard Wind project offshore Massachusetts as part of a larger push by the Department of Interior (DOI), its parent agency, to accelerate development of renewables on public lands and waters. BOEM, an agency that manages U.S. offshore energy and mineral […]
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