Iberdrola to invest $10 B in Massachusetts offshore wind
USA, Massachusetts: Iberdrola will invest more than $10 B in the development of three offshore wind complexes.
Image source: T&D World
USA, Massachusetts: Iberdrola will invest more than $10 B in the development of three offshore wind complexes.
Iberdrola’s chairperson Ignacio Galán, presented this investment in a meeting held last week with the governor of Massachusetts, Charlie Baker, in which he also explained the group’s growth plan in the United States for the period 2020-2025, which will enable it to double its renewable generation capacity and boost the country’s decarbonisation.
“Our projects in Massachusetts will be fundamental to achieving the US goal of reaching 30,000 MW of wind energy by 2030, and with them we will generate industrial development and employment”, explained Ignacio Galán.
Ignacio Galán also met with Maura Healey, attorney general of the State of Massachusetts, to whom he also conveyed Iberdrola’s commitment to investment in clean energy in the state.
In Massachusetts, Iberdrola is developing 2,800 MW of offshore wind in three different projects and is developing an interconnection line with a capacity of 1,200 MW to transport hydroelectric power from Canada.
Together, Iberdrola’s projects will meet 35 % of the state’s electricity demand with clean and competitive energy, while helping to create around 4,000 jobs during construction over the next few years.
Construction recently began on Vineyard Wind One, the country’s first large offshore wind farm. The 800 MW project, located about 24 km (15 mi) south off the coast of Martha’s Vineyard, will generate enough wind power to meet the demand of more than 400,000 homes.
Source: T&D World