US auction of first Atlantic Ocean floating wind project sites gains buyers, but market players show caution in facing impact of changed political support
Funds are earmarked for 42 projects in as many states and
D.C., with an added $28 million set for award to 15 states to expand and train the U.S. green building workforce.
Form Energy will expand its just completed scaled-up iron-air system factory in West Virginia, also announcing $1.2 billion in firm investments and plans to deploy batteries at commercial scale, with Mortenson as contractor for the first project in Minnesota.
Volvo Construction Equipment's North America region president talks about recent gains for electric equipment in construction and what it will take to clear hurdles to further adoption, such as mobile fast-charging stations and rethinking fleet management practices.
Growth in use of electric equipment in construction has been relatively slow in the U.S. despite successful pilot efforts, but a new coalition of cities, municipal agencies and industry groups is looking to promote wider adoption.
Massachusetts will take all but 200 MW of the 2.87-GW procurement, with the rest to Rhode Island, but bidders were wary, submitting for well under the 6.8-GW offered by the two states—and Connecticut failed to seek any capacity.
Second state marshaling port would propel growth of the market as it recovers from financial woes and the July accident that suspended work at the $3-billion Vineyard Wind site.