Construction works begin at 2.6 GW Coastal Virginia Offshore Wind project
Dominion Energy has secured the Construction and Operations Plan (COP) approval for its 2.6 GW Coastal Virginia offshore wind (CVOW) project in the USA.
The US Bureau of Ocean Energy Management (BOEM) has issued a favorable Record of Decision, completing the environmental review process for the CVOW project. With this environmental approval, Dominion Energy has been granted permission to commence onshore construction in late 2023, while offshore construction is slated to begin in early 2024. Once fully operational in late 2026, the 2.6GW CVOW project is anticipated to produce enough clean, renewable energy to power approximately 660,000 homes.
This large-scale commercial wind project is located approximately 23.5 nautical miles (43.5km) offshore Virginia Beach. The project incorporates offshore measures to minimize impacts on marine life and onshore strategies to mitigate effects on natural and cultural resources as well as communities.
Country updates
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October 31, 2023
US$60 Million Credit Facility for 200 MW Battery Storage Project in California
First Citizens Bank has closed a US$60 million financing for Gore Street Energy Storage Fund, a UK-based fund investing in a 200 MW/400 MWh battery storage project in Imperial County, California, USA....
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October 30, 2023
USD 1.2 Billion Tax equity financing secured for Vineyard Wind 1 offshore wind project
JP Morgan Chase, Bank of America and Wells Fargo have provided US$1.2 billion in tax equity financing for the Vineyard Wind 1 offshore wind farm in Massachusetts, USA. V...
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October 24, 2023
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October 16, 2023
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October 16, 2023
Construction started for three solar plus storage projects in Mississippi
Origis Energy and the Tennessee Valley Authority (TVA) announced that construction has begun on the first of three solar projects with a total capacity of 550 MW plus 150 MW o...
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