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US Wind Approved for Offshore Project at Maryland

Momentum Wind, a new Offshore wind project expected to come online in 2026, has been awarded 808.5 MW in Renewable Energy Credits (ORECs) by the State of Maryland. Momentum Wind will add 55 turbines to the Maryland Lease area, providing enough wind power for 200,000 households. Momentum Wind will build 55 turbines in addition to the 22 turbines planned for MarWin, the company’s first project in Maryland, which will be built in the same lease area.

The combined capacity of the two projects will be around 1,100 MW. Separate 20-year schedules of ORECs awarded by the state of Maryland will sustain both projects. “With the approval of Momentum Wind, US Wind now has a contract with the state of Maryland for over 1 GW of Offshore wind power,” stated Riccardo Toto, Director and President of US Wind.

In addition, US Wind intends to establish a new steel fabrication facility at Tradepoint Atlantic to service the Offshore wind industry in the United States. Thousands of jobs are expected to be created as a result of US Wind’s ambitions, many of which will be filled by local labour unions and minority-owned businesses.

The Maryland Public Service Commission awarded US Wind ORECs in 2017 to build MarWin, a 300-MW Offshore wind project with up to 22 turbines located in the southeasternmost region of the Maryland Lease area. MarWin is planned to start generating sustainable energy in 2025, supporting about 1,300 Maryland jobs and powering roughly 80,000 homes. In addition to MarWin and Momentum Wind, US Wind controls an approximately 80,000-acre federal lease area off the coast of Maryland, and forecasts residual future potential capacity in the lease area of roughly 600 MW.

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