Ørsted awarded 1,148 MW offshore wind contract in New Jersey

Ørsted has been awarded a second offshore wind contract in New Jersey, to develop their Ocean Wind 2 project. Ocean Wind 2 is being developed by Ørsted, the world leader in offshore wind development. Ocean Wind 2 will be located adjacent to Ocean Wind (“Ocean Wind 1”), the company’s first New Jersey project.

As part of its winning proposal, Ocean Wind 2 will deliver several landmark investments that will generate over USD 4.8 billion net benefit for New Jersey and bring the offshore wind supply chain to New Jersey and to the US.

With Ocean Wind 2, Ørsted is bringing a commitment from leading industry partner GE Renewables (GE) to locate what will be one of the country’s first offshore wind nacelle assembly facility in New Jersey. This facility will assemble the nacelles for Ocean Wind 2 and other offshore wind projects in the US.

In addition, Ocean Wind 2 will contribute to expanding the Paulsboro monopile foundation facility, which was announced as part of the Ocean Wind 1 project, to a full-scope manufacturing facility. The full-fledged Paulsboro facility, owned by EEW, will represent the single largest investment in the US offshore wind supply chain to date and will bring to New Jersey the full manufacture of primary steel monopiles, including bending, rolling, sand blasting, welding, and painting. With a USD 250 million investment and expected to create nearly 500 long-term jobs, this facility will become a cornerstone of the US offshore wind energy supply chain.

With today’s announcement, Ørsted has been awarded a total of over 4 GW offshore wind projects in the US, more than any other developer, which unlocks significant synergies in procurement, construction, and operations.

Read the full press release here.