Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 30 n° 328

AVANGRID’s Torgerson Highlights New England Clean Energy Projects

Posted by fidest press agency su lunedì, 5 novembre 2018

New England is embracing the opportunity to be a national clean energy pioneer, AVANGRID, Inc. (NYSE: AGR) CEO James P. Torgerson told North American energy industry leaders on Friday.Speaking at the New England-Canada Business Council’s 26th Annual U.S.-Canada Energy Trade & Technology Conference, Torgerson highlighted the Orange, Connecticut-based company’s two major projects designed to inject a combined 2 gigawatts of renewable energy into the New England power grid and create thousands of jobs.
Torgerson said Vineyard Wind, a 50/50 joint venture of Avangrid Renewables and Copenhagen Infrastructure Partners (CIP), is poised to build the nation’s first large-scale offshore wind farm off the coast of Massachusetts, pending approvals. He discussed the synergy between Vineyard Wind and another pending AVANGRID project: the New England Clean Energy Connect proposal to transport 1,200 megawatts of hydropower from the Canadian border to the New England power grid.“These projects present clear synergies,” Torgerson said. “When Vineyard Wind is fully operational in 2022, it will provide 800 megawatts of clean, offshore wind energy for the New England power grid at a competitive cost. The New England Clean Energy Connect proposal to transport 1,200 megawatts of hydropower from Canada to the New England power grid would complement Vineyard Wind, delivering a diverse supply of reliable, renewable power for the region.” Torgerson said both AVANGRID and CIP are well-positioned to help kick-start the development of offshore wind in the United States. As part of the global Iberdrola Group, AVANGRID has access to Iberdrola’s expertise and experience in building offshore wind facilities, such as the 350-megawatt Wikinger Offshore Wind Farm in Germany, which began operations last month.

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