The Biden administration’s climate goals and a new investment tax credit has U.S. offshore wind developers and prospective lenders bullish about the future.

The final approval of Vineyard Wind I by BOEM is expected to kick-start the approval of more plans in the offshore wind pipeline.

Avangrid reported a 40% increase in its first-quarter profits, compared to the same period in 2020, buoyed by its renewables division.

Massachusetts fishermen say constructing offshore wind turbines and embedding power cables into the ocean floor threatens their livelihood.

The U.S. Bureau of Ocean Energy Management concluded its environmental review of the Vineyard Wind I project off the coast of Massachusetts.

Vineyard Wind announced that it reached a transmission agreement with ISO-NE to deliver power to the RTO’s grid for its offshore wind project

ISO-NE announced its Cape Cod Resource Integration Study that will focus on new transmission infrastructure to interconnect queued generation

Stakeholders urged BOEM to approve the 800-MW Vineyard Wind offshore wind project along with the 1-nautical-mile turbine spacing advocated by developers.

Avangrid expects to begin construction this year on the New England Clean Energy Connect transmission project despite a potential referendum in Maine.

An Environmental Business Council of New England conference on offshore wind came after BOEM announced when it plans to rule on the Vineyard Wind permit.