Community Offshore Wind
RWE, which holds offshore wind leases off the Atlantic, Pacific and Gulf coasts, said it is pausing capital expenditures on development there for two years due to increased risk and uncertainty.
The latest iteration of Community Offshore Wind is a two-phase project that would reach peak output of up to 2.8 GW in the early 2030s.
Community and Excelsior announced their proposals Sept. 9, the final day to submit proposals without price tags in New York’s fifth competitive offshore wind solicitation.
One of the proposals contains a rebid of a project that already holds a New Jersey contract
Three provisional contracts totaling 4 GW and constituting the entire result of New York's third offshore wind solicitation have been cancelled.
Two major New York offshore wind projects are getting back on track, with more-lucrative contract awards to replace their existing deals with the state.
The churn in New York’s offshore wind industry reached a crescendo Jan. 25, with ownership changes, contract cancellations and new proposals announced.
New Jersey’s third offshore wind solicitation drew proposals from four developers, including two that would put turbines much farther out to sea than earlier projects.
Jordan Shoesmith of Copenhagen Offshore Partners said that available public funding can deliver a supply chain “to last for generations.”
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