Massachusetts gains new proposals in third bid round for 1,600 MW of added capacity, while state's first project closes on $2.3B of construction finance and feds expand development off New York.
Contract value was not disclosed, but firm's offshore unit will produce the key component at its Texas oil and gas fabrication site for a NY project, said developers, who also said federal environmental review of an adjacent 924-MW wind farm had begun
East Coast senators, including Cory Booker and Robert Menendez of New Jersey, want 30% investment tax credit and production tax credit for union-labor manufacturing sites, as proposed projects ramp up in Maryland and North Carolina
Administration fast-tracks push for developer interest and public comment on energy projects in shallow waters southeast of New York City and off Texas, Louisiana, Mississippi and Alabama; NY projects would be built under labor pacts, with lease auctions possible before year end.
Defense Dept., long a project opponent, will allow development in two areas, while state vows $20M to expedite permits, port work and floating turbine approvals; at least 380 turbines are envisioned.
UK, site of world's first operating commercial facility in deep water, announces plan to drive 1 GW of floating power by 2030; US efforts on west coast and Maine progress on slower track
The $8.9B award, combined with 1.7 GW of offshore projects already underway, will move state closer to goal of renewables supplying 70% of power needs by 2030.
New administration set to rejoin Paris climate pact, a heavy lift for the energy sector, but industry cites need and optimism for a clean infrastructure funding program.