Dominion Energy Achieves Another Major Milestone for Coastal Virginia Offshore Wind with Installation of the First Monopile Foundation [Yahoo! Finance]
Dominion Energy, Inc. (D)
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Source: Yahoo! Finance
DEME Group's heavy lift vessel, the Orion, erects the first of 176 monopile foundations RICHMOND, Va. May 22, 2024 /PRNewswire/ -- Dominion Energy announced today the first monopile foundation for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW), the largest offshore wind farm under construction in the United States , was installed approximately 29 miles off the Virginia Beach coast. The monopile was installed by the Orion , DEME Group's heavy lift vessel. Once complete in late 2026, CVOW will consist of 176 turbines that will generate enough clean, renewable energy to power up to 660,000 homes and is expected to generate fuel savings of $3 billion for customers during the first 10 years of operation. "This is a monumental day for the Coastal Virginia Offshore Wind team, who have worked tirelessly to keep this project on budget and on schedule to provide our customers with reliable, affordable and increasingly clean energy," said Robert M. Blue , Dominion Energy's chair,
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