Copenhagen Infrastructure Partners and Avangrid mentioned on Wednesday their three way partnership Vineyard Wind started producing energy for the primary time, supplying 5 megawatts (MW) to the New England grid.
The venture is predicted to have 5 generators working at full capability in early 2024, the businesses mentioned.
The announcement comes after offshore wind tasks within the United States confronted monetary troubles in latest months on account of hovering inflation, rate of interest hikes and elevated venture prices as a result of provide chain points.
The 806-MW Vineyard Wind 1 venture, offshore building of which started in late 2022, is situated 15 miles off the coast of Martha’s Vineyard.
Once accomplished, Vineyard Wind 1 will encompass 62 wind generators which may present energy to virtually 400,000 Massachusetts properties and companies.
Avangrid had earlier canceled contracts to promote energy from two different tasks in 2023, saying it deliberate to re-bid its 1,232-MW Commonwealth Wind off Massachusetts and 804-MW Park City off Connecticut in future solicitations.
(Reuters – Reporting by Seher Dareen; Editing by Shilpi Majumdar)
