Vineyard Wind
Avangrid reported a year-over-year decrease in income but said a timely pause in its offshore wind projects saved it from write-offs that could have run into the billions.
Vineyard Wind 1 generated its first power for New England, sending about 5 MW of electricity to the grid via its interconnection point on Cape Cod.
New York announced that the first monopile foundation has been installed for South Fork Wind, a 132 MW project being developed by Ørsted and Eversource off the eastern tip of Long Island.
1,500- and 3,200-ton substations for offshore wind projects are being sailed from Texas and Denmark, respectively, for the New England coast.
One of the federal lawsuits challenging approval of the Vineyard Wind 1 offshore wind project off the south coast of Massachusetts has been dismissed.
Wind power development off the Northeast U.S. coast continued to advance in 2022, with New York especially seeing a "banner year," according to an OSW advocate.
Avangrid has moved to terminate power purchase agreements for Commonwealth Wind, a 1.2-GW offshore wind project it is developing in Massachusetts.
Avangrid’s CEO said during an earnings call that the lease areas that the company now directly controls are “undervalued based on current market prices.”
Massachusetts chose two offshore wind projects totaling 1,600 MW, potentially bringing the state's offshore wind total to 3,200 MW.
Vineyard Wind partnered with Semco Maritime to build a maintenance facility in New Bedford, Mass., as part of the developer’s Commonwealth Wind proposals.
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