Keppel to build wind turbine installation vessel in the U.S. worth about S$600m
Keppel Corporation Limited refers to its announcement dated 9 October, 2020 “Keppel secures contract worth about S$600m in the offshore renewable energy industry”. Keppel Corporation is pleased to further announce that the contract is for the engineering, procurement and construction of a Wind Turbine Installation Vessel (WTIV) by Keppel Offshore & Marine (Keppel O&M) for a United States energy company, Dominion Energy Inc. The securing of this contract is in line with Keppel Corporation’s Vision 2030, which includes seeking opportunities in providing renewable energy solutions.
The vessel is being built by Keppel O&M’s shipyard in the U.S., Keppel AmFELS, and will be Jones Act compliant. Scheduled for delivery in 2023, it will be available for charter hire to offshore wind developers, in support of several U.S. wind projects. The vessel is expected to be fully utilised on U.S. East Coast projec
Commentary: Just as clean energy sources emerge in New Mexico as a leading driver of economic growth, a new study has been released that details the full impact of achieving 50% renewable electricity generation by 2030. The first-of-its kind study released by the American Clean Power Association (ACP) highlights a once-in-a-generation economic opportunity with reaching majority renewable electricity generation in New Mexico.
The study found that by reaching majority renewable electricity generation within the next decade, New Mexico will see:
$17.1 billion in capital investments from wind and solar projects
13,700 good-paying, renewable energy jobs
$467 million in land-lease payments
$329 million in state and local tax payments from wind and solar projects
Emphasizing opportunity to help bridge divide on climate action
‘Opportunity’ through clean energy initiatives may be a key to bridging the divide and getting more engagement for climate action.
After four years of widespread climate despair over inaction, and worse, in the Nation’s Capital, the election of Joe Biden and Kamala Harris is about to mark a 180-degree change on federal climate policy, prompting renewed optimism among climate crusaders. While there are steps the incoming administration can take through Executive branch actions, with control of the Senate still up in the air, optimism about aggressive climate policy remains qualified.
With delivery scheduled for
the end of 2023, the vessel will be based out of Hampton Roads, Virginia and used to support the installation of over 5 gigawatts of planned offshore wind power projects off the U.S. East Coast through 2027.
Richmond, Virginia-based Dominion Energy is leading the development.
“This is a monumental step for the offshore wind industry in America,” said Robert M. Blue, Dominion Energy’s president and chief executive officer. “Dominion Energy is proud to be leading a consortium of respected industry participants in the construction of the first Jones Act compliant offshore wind turbine installation vessel, which will provide significant American jobs, and provide a reliable, home-grown installation solution with the capacity to handle the next generation of large-scale, highly-efficient turbine technologies. This will better enable the offshore wind industry to bring clean, renewable energy to customers in the U.S.”
Powering through: Mauston students create turbines for KidWind Challenge wiscnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiscnews.com Daily Mail and Mail on Sunday newspapers.