Following the success of their joint bid in the New York Bight offshore lease auction last month, RWE Renewables, one of the globally leading companies in offshore wind, and National Grid, one of the largest energy companies pivotal to the energy systems in the UK and the north-eastern United States, today announced the official name of their joint venture, Community Offshore Wind, to reflect the benefits it will bring to local communities, with the tagline, Local clean energy for all.In the NY Bight auction the joint venture secured area OCS-A 0539 with a winning bid of USD 1.1 billion. The awarded seabed has the potential to host 3 gigawatts of capacity, enough to power 1.1 million US homes. The project is expected to be in operation toward the end of the decade.RWE and National Grid share a common goal of enabling the clean energy future and offshore wind will be critical for the US, particularly in the Northeast, to reduce carbon emissions and meet climate goals, such as New York state’s target of bringing 9,000 MW of offshore wind online by 2035 and New Jersey’s target of delivering 7,500 MWs of offshore wind by 2035. Importantly, the region’s clean energy goals will also deliver significant new jobs and private investment to support the growth of the region’s economy.RWE is one of the world’s leading companies in offshore wind, active across the entire value chain, from project conception and development to construction as well as operation and maintenance and commercialisation. The unparalleled expertise the company has earned over the last 20 years has resulted in 17 wind farms in operation. The company recently finished successfully the installation of all turbines of the 857-megawatt offshore wind farm Triton Knoll off the English Coast. Two more projects, the 342-megawatt project Kaskasi, off the German island Heligoland, and the 1.4 GW project Sofia, one of the largest offshore wind farms in the world, are currently under construction.
Following the success of their joint bid in the New York Bight offshore lease auction last month, RWE Renewables, one of the globally leading companies in offshore wind, and National Grid, one of the largest energy companies pivotal to the energy systems in the UK and the north-eastern United States, today announced the official name of their joint venture, Community Offshore Wind, to reflect the benefits it will bring to local communities, with the tagline, Local clean energy for all.In the NY Bight auction the joint venture secured area OCS-A 0539 with a winning bid of USD 1.1 billion. The awarded seabed has the potential to host 3 gigawatts of capacity, enough to power 1.1 million US homes. The project is expected to be in operation toward the end of the decade.RWE and National Grid share a common goal of enabling the clean energy future and offshore wind will be critical for the US, particularly in the Northeast, to reduce carbon emissions and meet climate goals, such as New York state’s target of bringing 9,000 MW of offshore wind online by 2035 and New Jersey’s target of delivering 7,500 MWs of offshore wind by 2035. Importantly, the region’s clean energy goals will also deliver significant new jobs and private investment to support the growth of the region’s economy.RWE is one of the world’s leading companies in offshore wind, active across the entire value chain, from project conception and development to construction as well as operation and maintenance and commercialisation. The unparalleled expertise the company has earned over the last 20 years has resulted in 17 wind farms in operation. The company recently finished successfully the installation of all turbines of the 857-megawatt offshore wind farm Triton Knoll off the English Coast. Two more projects, the 342-megawatt project Kaskasi, off the German island Heligoland, and the 1.4 GW project Sofia, one of the largest offshore wind farms in the world, are currently under construction.
