By the time of the formal GE announcement, Invenergy said it was already actively engaged in discussions with Siemens Gamesa Renewable Energy (SGRE) around the turbine supply proposal it had previously provided to the company for the 2.4 GW project.
In June 2024, SGRE notified Invenergy that it was “substantially” increasing the cost of its turbine offering.
Another wind turbine manufacturer, Vestas, was deemed unsuitable for the project for a variety of cost and technical factors, according to the company’s filing.
As a result of these actions, Invenergy is currently without a viable turbine supplier for Leading Light Wind, the company stated in its filing.
Consequently, Invenergy requested a delay from NJBPU until 20 December 2024 to provide the developer an additional period in which to engage with equipment manufacturers, explore cost-effective market options, and review them with the board staff and the Division of Rate Counsel.
The Leading Light Wind project, which is planned to be built more than 40 miles off Long Beach Island, is not the only offshore wind project impacted by volatility in the equipment market, Invenergy said in its filing.
In April 2024, the New York State Energy Research and Development Authority (NYSERDA) cancelled three proposed wind projects being developed by Attentive Energy, Community Offshore Wind, and Excelsior Wind due, in large part, to their reliance on the 18 MW turbine, according to the filing.
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New York Cancels Three Offshore Wind Projects
Almost a year ago, Danish renewable energy developer Ørsted abandoned plans for two offshore wind farms off the coast of New Jersey, saying additional supplier delays further impacted the project schedule and led to an additional significant project delay.
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