The U.S. Department of Interior on Tuesday authorised the development and operations plan for the 2.6 GW Coastal Virginia Offshore Wind venture, situated roughly 23.5 nautical miles off Virginia Beach, VA.
This is the fifth approval of a commercial-scale offshore wind vitality venture within the United States.
Located roughly 23.5 nautical miles offshore Virginia Beach, the CVOW business venture is the most important but.
According to the Department of Interior, the venture is predicted to supply about 900 jobs annually throughout the building section and assist an estimated 1,100 annual jobs throughout the operations section,” generating vital economic development for Virginia’s Hampton Roads area and supporting investments in the Virginia coastal region as a hub for offshore wind development and support.”
Dominion Energy stated Tuesday the venture was on-time and on funds with onshore building beginning later this yr.
“The 2.6-gigawatt CVOW project will generate enough clean, renewable energy to power up to 660,000 homes once fully constructed in late 2026 and satisfy the mandates the 2020 Virginia Clean Economy Act. CVOW is expected to generate fuel savings of $3 billion for customers during the project’s first 10 years of operation,” Dominion Energy stated.