Vineyard Wind Nears Completion, Set to Power 400,000 Homes
Vineyard Wind, a trailblazing offshore wind project in the United States, is nearing completion. The project, led by Iberdrola and Avangrid, has seen significant progress despite challenges. It is set to power hundreds of thousands of homes in Massachusetts.
Initially leased for $150,000 in 2015, Vineyard Wind has grown from a small-scale project to a 62-turbine powerhouse. It started with just 4 turbines, a number that has since increased to 17. Half of these are already generating electricity off the Massachusetts coast, providing over 400 Megawatts to the New England grid.
The project faced a setback last year when a turbine blade detached and fell into the ocean. However, progress has continued, albeit slowed temporarily by a manufacturing deviation at GE Vernova's Canadian factory. Iberdrola executives now expect the project to be completed in the coming months.
Vineyard Wind, a bellwether project for the U.S. offshore wind industry, is on track to generate enough electricity to power 400,000 homes. With a 20-year contract to sell power at a competitive rate, it is poised to make a significant impact on the region's energy landscape.
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