Massachusetts and Rhode Island are committing to three new offshore wind projects totaling 2.9 gigawatts (GW) of capacity.
These initiatives, the result of a joint solicitation last March, aim to boost the energy capacity of both states while meeting CO₂ emissions reduction targets.
The selected projects, SouthCoast Wind, New England Wind 1 and Vineyard Wind 2, represent major milestones in the evolution of the regional energy mix.
New England Wind 1 is led by Avangrid Inc, SouthCoast Wind by a joint venture between EDP Energias de Portugal and Engie, while Vineyard Wind 2 is under the management of Vineyard Offshore, backed by Copenhagen Infrastructure Partners.
These wind farms should start generating electricity towards the end of the decade, contributing to the region’s energy independence and stability of supply.
US Offshore Wind Market Context
After a year 2023 marked by project abandonments and write-downs…
