New York announces $500 M offshore wind investment.

The governor of the US state New York disclosed a $500 M offshore wind funding to cover production and supply chain infrastructure. New York intends to develop 4300 MW of offshore wind power, accounting for almost 50% of the state's 9000 MW target for 2035. Combined with $500 M, the state will begin its next offshore wind procurement in 2022, which would lead to the creation of least 2 GW new projects. To date, it has five offshore wind farms and five ports under active development. This Jan 2022, New York will start building its first offshore wind facility. The 132-MW project, dubbed as South Fork Wind Farm, will be positioned 19 miles southeast of Block Island, RI, US. The collaboration between Eversource and Orsted is the second commercial-scale offshore wind farm to secure federal approval in the US. South Fork Wind is greenlit to deploy 12 or fewer wind turbines. The facility will utilize Siemens-Gamesa's 11 MW turbines. Its substation will be designed and constructed by Kiewit Offshore Services. Original Source: Renewable Energy News, http://www.renewableenergyworld.com/.