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America’s first major offshore wind farm installs first of 62 huge turbines from GE unit - TL;DR CNBC

America’s first major offshore wind farm installs first of 62 huge turbines from GE unit

Publishing timestamp: 2023-10-19 10:41:27


Summary

Avangrid and Copenhagen Infrastructure Partners have announced the installation of the first turbine for the Vineyard Wind 1 project, which is the first commercial-scale offshore wind project in the United States. The project will consist of 62 wind turbines generating 806 Megawatts, enough to power over 400,000 homes and businesses in Massachusetts. The use of GE Vernova's Haliade-X turbines is a significant milestone for the offshore wind industry in the US. Europe's offshore wind sector is more developed than the US, but this project marks a monumental achievement for the country.


Sentiment: POSITIVE

Tickers: GEIBE-ES

Keywords: businesswind power generationwind poweralternative and sustainable energygeneral electric comassachusettsiberdrola sarenewable energyrenewable power generationunited statesenvironmentclimatewestern europeenergybusiness news

Source: https://www.cnbc.com/2023/10/19/americas-first-major-offshore-wind-farm-installs-first-turbine.html


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