offshoreWIND.biz
  • Fixed-Bottom
  • Floating Wind
  • Supply Chain
  • News
  • About
  • Contact
JobsNewsletter
offshoreWIND.biz logo
Topics
  • Fixed-Bottom
  • Floating Wind
  • Supply Chain
  • Power-to-X
  • Grid Connection
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs
  • Privacy
  • Report your news

© 2026 Navingo. All rights reserved.

Home›Business & Finance›Bay State Wind to Bring USD 1 Billion to Massachusetts, Kick-Start US Offshore Wind Fleet
Business & Finance

December 22, 2017 · about 8 years ago

Bay State Wind to Bring USD 1 Billion to Massachusetts, Kick-Start US Offshore Wind Fleet

The proposed Bay State Wind wind farm project will bring USD 1 billion direct investment to Massachusetts and will support the construction of the first purpose-built Jones Act-compliant installation and transportation vessels, the developers said.

1 minutes read
  • LinkedIn
  • X
  • Email

The proposed Bay State Wind wind farm project will bring USD 1 billion direct investment to Massachusetts and will support the construction of the first purpose-built Jones Act-compliant installation and transportation vessels, the developers said.

Bay State Wind, a partnership between Ørsted and Eversource, is one of three companies to submit a bid in response to the commonwealth’s first Request for Proposals (RFP) for offshore wind energy generation.

Located some 25 miles off of New Bedford, the wind farm will promote and work with local manufacturing firms and will partner with educational institutions to develop and train future offshore wind workforce.

According to Bay State Wind, up to 1,200 new jobs will be created during construction and up to 10,800 direct and indirect jobs over the life of the project.

The wind farm is expected to generate USD 30 million in lease payments, fees and taxes that will support local government functions over the operational lifespan. In addition, it will commit USD 17.5 million to support commonwealth’s cornerstone programs for low income families, the developers said.

New Bedford, where the developers opened an office in November, will serve as the staging area for construction and the O&M base throughout the lifetime of the wind farm.

An onshore substation is planned in Somerset, where the project will deliver its energy to the commonwealth and where the new 55MW battery storage solution will be developed.

Reach the offshoreWIND.biz industry in one go!

offshoreWIND.biz is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow offshoreWIND.biz on:

Filed under

Business & FinanceEnvironmentR&D

Daily offshore wind news in your mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Cadeler Adds Wind Ace to Fleet, First Stop East Anglia Two
  2. 2Turbine Installation at Thor Offshore Wind Farm Reaches Halfway Point
  3. 3South Korean Cable Maker Takes Delivery of Its Second Cable Laying Vessel
  4. 4Aker Solutions Joins Bellrock Floating Offshore Wind Farm Team

Related articles

Dutch Cable Services Firm Moves Closer to Baltic Clients with Hub in Sweden
Business & Finance

Dutch Cable Services Firm Moves Closer to Baltic Clients with Hub in Sweden

15 days ago

New Study Shows How North Sea Offshore Wind Can Yield More While Costing Less
Industry

New Study Shows How North Sea Offshore Wind Can Yield More While Costing Less

19 days ago

Daily offshore wind news in your mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free

Related news

Dutch Cable Services Firm Moves Closer to Baltic Clients with Hub in Sweden
Business & Finance

Dutch Cable Services Firm Moves Closer to Baltic Clients with Hub in Sweden

15 days ago
New Study Shows How North Sea Offshore Wind Can Yield More While Costing Less
Industry

New Study Shows How North Sea Offshore Wind Can Yield More While Costing Less

19 days ago