US Wind, Inc. has announced major steps forward in the development of offshore wind energy for Maryland, including major labor agreements to support US Wind’s first major offshore wind project for Maryland, the 22-turbine MarWin project, and all other future projects; anew port facility agreement with Tradepoint Atlantic to develop 90 waterfront acres into a new offshore wind deployment hub, where US Wind will initially invest US$77 million via the MarWin project; expansion plans for development of up to an additional 1,200 MW of offshore wind energy with the new Momentum Wind project; and a proposal for a new steel fabrication facility in Baltimore County at the Tradepoint Atlantic site – Sparrows Point Steel – to be built in conjunction with Momentum Wind.
At full capacity, Momentum Wind would include up to 82 turbines and will be Maryland’s most ambitious clean energy project, able to fully satisfy the state’s offshore wind energy goals and make substantial progress toward meeting Maryland’s renewable energy and greenhouse gas reduction goals.
Catalyzed by a landmark 90-acre lease agreement with Tradepoint Atlantic at Sparrows Point Shipyard, US Wind will build on the port investment already committed via the MarWin project to facilitate the investment of an incremental US$150 million to develop Sparrows Point Steel, Maryland’s first manufacturing facility dedicated to the creation of offshore wind foundations, known as monopiles.