Broomfield, CO —RES America Developments Inc. (RES), a subsidiary of Renewable Energy Systems Americas Inc. (RES Americas), has reached an agreement to transfer to DONG Energy a U.S. offshore wind development project off the coast of Massachusetts.
On 29 January, the Bureau of Ocean Energy Management (BOEM) held a commercial auction in the state of Massachusetts of offshore wind development projects with a capacity of approximately 4,000 MW. RES, one of the leading U.S. renewable energy developers with over 15 years of European offshore wind experience through its parent company, participated in the auction and secured a lease for Area OCS-A 0500, an area which could accommodate more than 1,000 MW to be built after 2020. RES has applied to the BOEM to transfer its rights to this area to DONG Energy.
In 2014, RES and DONG Energy agreed to cooperate on offshore wind projects in Massachusetts. Under that agreement, and subject to the approval of the BOEM, DONG Energy will take over the lease and lead project development activities, with support from RES Americas.
Glen Davis, CEO of RES Americas, stated “This project is a major undertaking that will help ISO-NE achieve its low carbon electricity generation objectives and create significant new investment in the region. DONG Energy is a market leader in the offshore sector and RES will be drawing upon our nearly 20 years of onshore wind experience in the U.S. together with our 15 years of European offshore wind experience to support this important new development.”.
Samuel Leupold, Executive Vice President of Wind Power at DONG Energy, stated “The U.S. is an interesting market for offshore wind with the potential to become a significant area for future development. We already have a number of post 2020 projects in our pipeline in North-Western Europe that we’ll continue to develop. With the takeover of the offshore wind development project in the U.S., we will broaden our geographical scope and follow the market potential outside of our current focus area."
The Lease Area to be transferred is 293.44 square miles, and is located approximately 56 miles from shore with water depths between 131 and164 feet.
Since 1997, RES has been providing development, engineering, construction, and operations services to the utility-scale wind, solar, transmission, and energy storage markets across the Americas. The company employs more than 300 full-time professionals and has over 7,700 MW of utility-scale renewable energy and energy storage projects and constructed more than 600 miles of transmissions lines throughout the U.S., Canada, and Chile. RES’ corporate office in the U.S. is located in Broomfield, CO with regional offices located in Austin, TX, Minneapolis, MN, and San Francisco, CA.
RES Offshore offers integrated development, engineering, construction and AO&M services for utility-scale offshore wind, wave and tidal energy projects internationally. RES Offshore has more than 15 years’ experience in offshore wind development having worked on the development of over 5,000 MW of which more than 350MW has been successfully consented and is now in operation. RES Offshore is also part of the RES Group, one of the world's leading independent renewable energy companies.
The RES Group has developed and/or built over 9GW of renewable energy capacity worldwide, has an asset management portfolio exceeding 1GW, and is active in a range of renewable technologies including onshore wind, solar, energy storage, transmission, and demand side management.
For more information, visit www.res-americas.com and www.res-offshore.com