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Home » Uncategorized » New York offers 800MW offshore prize
Offshore Wind

New York offers 800MW offshore prize

Todd WestbrookBy Todd WestbrookNovember 8, 20182 Mins Read
Cuomo backs NY grid upgrade

New York state has launched an 800MW offshore wind solicitation with bids due to land in February 2019.

Awards for projects will be made in spring 2019 in time to “take advantage of expiring federal tax credits”.

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The solicitation is part of New York plans to host 2.4GW of offshore wind to help meet 50% green energy targets for 2030.

Governor Andrew M Cuomo (pictured) said: “This action is a watershed moment in New York’s renewable energy development efforts as we work to establish a secure, reliable and cost-effective clean energy future.”

He added: “New York will continue to combat climate change, investing in robust offshore wind development and clean energy that provides a path toward a greener and more sustainable future in our state and around the world.”

Winners will secure 25-year power purchase deals for projects ranging from 200MW to 800MW “with an ability to award larger quantities if sufficiently attractive proposals are received”.

Offshore wind is expected to bring an estimated $6bn of investments to New York and support 7000 jobs.

The round will include requirements for wage and labor agreements by offshore wind developers. A supplier forum will be held on 15 November for those interested in serving the offshore sector.

New York Offshore Wind
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