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Skanska wins $223M contract for offshore wind farm prep
Construction firm to prep Dominion Energy staging area
New York-based Skanska USA won the $223 million contract to redevelop the 72 acres of the Portsmouth Marine Terminal that Dominion Energy Inc. will use as a staging area for its $9.8 billion Coastal Virginia Offshore Wind project. The company announced the award on Tuesday. The CVOW calls for the construction of 176 wind turbines
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SCC approves Dominion’s $9.8B offshore wind farm
176-turbine farm will be 27 miles off Va. Beach coast
Published
The State Corporation Commission has approved Dominion Energy Inc.’s application for the proposed $9.8 billion Coastal Virginia Offshore Wind Project (CVOW), which calls for the construction of 176 wind turbines 27 miles off the coast of Virginia Beach. The Richmond-based Fortune 500 utility has already erected two pilot turbines for its 2.6-gigawatt Coastal Virginia Offshore
Lambert’s Point Docks in Norfolk to become $100M maritime center
Fairwinds Landing expected to produce 500+ jobs
Published
In a deal predicted to bring more than 500 jobs and over $100 million in capital investment, the Lambert’s Point Docks property in Norfolk will become a maritime operations and logistics center to support local offshore wind, defense and transportation industries. The land, owned by Norfolk Southern Railway Co., has been leased by Virginia Beach-based
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A diversified portfolio
Beach officials seek to expand city’s economic base
Published
In a city where tourism reigns, nothing could be more welcome than a post-pandemic world. And though we’re not quite there yet, Virginia Beach is licking its chops over the prospect of maskless visitors pouring into town. The city, with fingers crossed in hopes that new coronavirus variants don’t arrive before the tourists do, is
SW community colleges to create wind manufacturing workforce
4 community colleges signed MOU as part of InvestSWVA initiative
Published
The presidents of four community colleges in Southwest Virginia signed a memorandum of understanding Wednesday to establish a wind manufacturing workforce development partnership. “Today’s MOU signing is meaningful because it demonstrates our resident and abiding interest in collaborating. Our four community college presidents are setting an example of how to find ways to work together
Tilting toward windmills
Siemens Gamesa positions region as offshore wind hub
Published
Siemens Gamesa Renewable Energy S.A.’s October 2021 announcement that it will build the nation’s first offshore-wind blade factory at Portsmouth Marine Terminal has put Hampton Roads on a trajectory to become a supply chain hub for the country’s nascent offshore wind energy industry. The Spanish wind turbine company is investing $200 million to build the
Port of Va. hires offshore wind development VP
Patrick Kinsman was CEO and commander of U.S. Army Corps of Engineers in Norfolk
Published
Patrick Kinsman, former CEO and commander of the U.S. Army Corps of Engineers’ Norfolk District, has been hired as the Port of Virginia’s new vice president of offshore wind development. Kinsman will oversee Portsmouth Marine Terminal’s conversion to a logistics hub. Simeans Gamesa Renewable Energy S.A. is investing $200 million to build the first U.S.
Va. economic growth will slow in 2022, ODU economists predict
Dragas Center's 2022 Annual Economic Forecast predicts slower GDP, job growth
Published
Virginia’s economy is likely to grow at a slightly slower pace in 2022 than it did last year, with the COVID-19 pandemic continuing to make future predictions murky, according to the 2022 Annual Economic Forecast released Wednesday by Old Dominion University’s Dragas Center for Economic Analysis and Policy. “If we can control COVID-19, the economy
Dominion orders 176 turbines from Siemens Gamesa
14.7-MW turbines will be largest in the world
Published
Dominion Energy Inc. has ordered 176 offshore wind turbines from Siemens Gamesa Renewable Energy S.A. for its 2.6-gigawatt, $9.8 billion Coastal Virginia Offshore Wind project, the utility announced Monday. The Richmond-based Fortune 500 utility declined to release financial details of the contract. The SG 14-222 DD turbines — at more than 800 feet tall, the
Dominion offshore wind farm cost climbs to $9.8B
CEO cites inflation among factors causing roughly 25% increase
Published
Dominion Energy Inc.’s offshore wind farm will cost about $2 billion more than expected, the Richmond-based Fortune 500 utility’s chair, president and CEO, Bob Blue, said during a third quarter earnings call Friday. Instead of the previously estimated $7.8 billion, the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) commercial project will cost approximately $9.8 billion, Blue