New York Gov. Kathy Hochul announced a $500 million offshore wind investment to include manufacturing and supply chain infrastructure. The state plans to develop 4,300 MW of offshore wind energy, representing nearly half of New York’s 9,000 MW goal for 2035.
Coupled with the $500 million, the state will launch its next offshore wind procurement in 2022, which is expected to result in at least 2 GW of new projects.
“With this investment, New York will lead the nation on offshore wind production, creating green jobs for New Yorkers, and powering our clean energy future,” Gov. Hochul said in her State of the State address.
