Iberdrola, through Avangrid, its subsidiary in the US, has been awarded a 791 MW contract to build the New England Wind 1 offshore wind farm in Massachusetts.
Once operational, the facility will be able to supply clean, emission-free energy to 400,000 homes, which represents a population greater than that of the inhabitants of Malaga and Bilbao combined.
In addition, The new fleet will reduce greenhouse gas emissions equivalent to removing 300,000 combustion cars from the roads annually, which will support progress on the country’s climate goals.
The project will create more than 4,400 jobs and will contribute $3 billion to the region, including a new port in Salem, Massachusetts, and a new offshore wind manufacturing facility in New Bedford, Massachusetts. If a power purchase agreement is signed and approved, the project could begin construction in 2025 and reach full commercial operation in 2029.
Offshore wind power currently represents one of Iberdrola’s biggest growth vectors. At the end of the first half of this year, the company had 2,300 MW of offshore installed. In 2025, it will reach 3,000 MW, and in 2026, 4,800 MW thanks to significant investments around the world, according to Servimedia.
Among the most notable projects, in addition to Vineyard Wind I in the USA, are East Anglia One, East Anglia Two and East Anglia Three in the United Kingdom, Saint Brieuc in France, and its three parks in Baltic waters: Wikinger, Baltic Eagle and Windanker.
