TotalEnergies to develop 3 GW+ offshore wind farm on US East Coast
The US Bureau of Ocean Energy Management has chosen TotalEnergies to develop an offshore wind farm off the US East Coast for a consideration of US $795 million.
The decision was made as part of the bid to lease maritime area OCS-A 0538 in the New York Bight auction held last week. “This grand entrance into offshore wind in the US is a major step toward our goal of reaching 100 GW of renewable electricity generation capacity worldwide by 2030,” said Patrick Pouyanné, chairman and CEO of TotalEnergies in a statement.
Pouyanné said this is the largest renewable energy project TotalEnergies has ever undertaken, and now it has a portfolio of over 10 GW of offshore wind projects. “This development adds another dimension to our renewable business in the US, currently representing 4 GW of solar farms under development,” he said.
The New York Bight project was announced as part of the American government's goal to deploy 30 GW of offshore wind in the US by 2030. The lease covers a 341 square kilometer area that could accommodate a generation capacity of at least 3GW, which the company said was enough to provide power to about one million homes.
TotalEnergies said it wants to develop the project in a manner that creates local jobs and economic benefits for the local communities. The project is expected to begin operation by 2028.
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