Avangrid, a sustainable energy company, has received federal approval of the Construction and Operations Plan (COP) for the New England Wind 1 and 2 offshore projects.
The approval of the COP follows the favorable Record of Decision (ROD) issued by the Joe Biden Administration in April 2024.
Avangrid says the New England Wind 1 and New England Wind 2 projects have the potential to create thousands of jobs and provide enough clean energy to power nearly 1 million homes and businesses. Avangrid did not reveal investment plans.
Avangrid, a member of the Iberdrola Group, said its 791 MW New England Wind 1 project, currently under construction, will be delivering clean power to 64,000 homes and businesses in Massachusetts.
Avangrid has already executed an agreement with City of Boston to provide 15 MW of offshore wind energy.
Avangrid has also signed an agreement to provide offshore wind energy to 20 municipal electric companies in Massachusetts.
The New England Wind lease area is projected to reduce carbon dioxide emissions by nearly 4 million US tons, or the equivalent of taking approximately 700,000 cars off the road each year during the lifespan of the project. Combined, the projects will create up to 9,200 full-time equivalent jobs and bring $8 billion in direct investment to the region.
On June 26, 2024, Avangrid announced that it has placed 10 GE Haliade-X turbines into production for the Vineyard offshore wind farm.
Vineyard Wind, an 806 MW project located 15 miles off the coast of Martha’s Vineyard, will generate electricity for more than 400,000 homes and businesses in the Commonwealth of Massachusetts, create 3,600 job years, save customers $1.4 billion over the first 20 years of operation. It is expected to reduce carbon emissions by more than 1.6 million metric tons per year, the equivalent of taking 325,000 cars off the road annually.