NY announces largest ever US spend on offshore wind

Screenshot 2023-10-26 153332

New York governor Kathy Hochul has announced a spending package of $15 billion for three offshore wind projects and another $5 billion for 22 land-based renewable energy schemes.

The investment is in line with New York State’s target of supplying 70% of its electricity from renewable sources by 2030 and is bound to have potential for European manufacturers and designers.

This is premium content

Already a member? SIGN IN now


Sign up for FREE to continue this article…

It only takes a minute to sign up for a free account, and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the commercial marine sector
  • Access to the Maritime Journal Industry Database
  • Monthly Maritime Journal Magazine (Restricted digital edition)
  • Website access (3 standard news articles per month)

Get access and more free content sign up today

Does your organisation require more access? Upgrade to a subscription and enjoy unlimited news and additional features.