Tag Archives: Vineyard Wind LLC
Mass. commercial fishermen decry offshore wind projects’ pace
If fully built out, the offshore wind farms would cover a 1,400-square-mile area larger than the Ocean State and would negatively impact marine life and fishing grounds, the group said. “Commercial fishing families, as stewards of the ocean, are concerned that a new industry is developing at a rapid pace without adequate science and risk management,” the Massachusetts Fishermen’s Partnership stated in a release Wednesday. The fishermen’s group said Vineyard Wind is rushing the project to ensure it receives federal tax credits before they expire.,,, Wednesday’s statement from Massachusetts fishermen came as they try to reach an agreement with Vineyard Wind on a compensation package,>click to read<15:37
Europeans Sweep Record US Offshore Wind Auction
A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA. The Bureau of Ocean Energy Management (BOEM) announced the sale’s three winners – Equinor Wind US LLC, Mayflower Wind Energy LLC, and Vineyard Wind LLC, at the conclusion of the two-day sale that attracted 11 bidders and lasted 32 rounds. Mayflower is a joint venture owned by Shell and EDP Renewables, a division of Portugal’s EDP. Vineyard Wind is a joint venture between Copenhagen Infrastructure Partners and Avangrid Inc, a division of Spain’s Iberdrola SA. Equinor is the Norwegian company formerly known as Statoil. Equinor and Mayflower each bid $135 million for their leases, while Vineyard Wind bid $135.1 million, BOEM said. >click to read<21:57
