New York to invest $500 million in offshore wind

New Investments to Support New York's Third Offshore Wind Procurement in 2022 / Plan Will Continue to Grow the Nation's Most Active Development Portfolio Beyond its Current Economic Impact of $12.1 Billion Statewide, 6,800 Good-Paying Green Jobs, and Generating More than 4.3 Gigawatts of Energy - Enough to Power Nearly 3 Million Homes / Will Secure New York's Position as the Nation's Hub for Offshore Wind

Governor Kathy Hochul today announced a plan to strengthen New York's renewable energy leadership and make a nation-leading $500 million investment in offshore wind as part of the 2022 State of the State. This plan will directly invest in offshore wind manufacturing and supply chain infrastructure, create thousands of good-paying green jobs, deliver billions in economic... ... More: Official Press Release New York Government

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