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Thursday, September 19, 2024

Siemens Gamesa Halts Plans for USD 200 Million Offshore Wind Turbine Blade Manufacturing facility in US


Siemens Gamesa has discontinued its plans to construct and function an offshore wind turbine blade manufacturing plant in Virginia, US.

The corporate’s USD 200 million (about EUR 187 million) manufacturing plant was deliberate to be constructed on the Port of Virginia’s Portsmouth Marine Terminal. It was meant to assist main US offshore wind initiatives, together with Dominion Power’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) mission.

First introduced in October 2021, the power, which coated greater than 80 acres, was anticipated to assist roughly 300 jobs as soon as totally operational.

Nonetheless, Siemens Gamesa mentioned it cancelled plans to construct and function the blade manufacturing plant in Virginia, as improvement milestones to ascertain the power couldn’t be met.

Beneath a contract signed with Dominion Power, Siemens Gamesa will provide 176 of its SG 14-222 Direct Drive offshore wind generators to the CVOW mission with the set up scheduled to start in 2024.

The primary monopiles, manufactured by EEW SPC, already arrived on the Portsmouth Marine Terminal.

As soon as totally operational, the offshore wind farm will have the ability to generate sufficient electrical energy to energy over 900,000 houses.

The change in plans by Siemens Gamesa comes at a time when provide chain points, raised rates of interest, and inflation had main impacts on a number of offshore wind initiatives within the US.

In the beginning of November, Danish renewable vitality developer Ørsted determined to stop the event of the Ocean Wind 1 and Ocean Wind 2 offshore wind initiatives in New Jersey, citing provide chain points and rising rates of interest.

Along with Ørsted, Avangrid, a member of the Iberdrola Group, additionally terminated energy buy settlement (PPA) final month for its Park Metropolis Wind offshore mission.


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