Salem Harbor Power Station

TerraStor Announces Fred E. Reed, Jr. as Chief Commercial Officer

Retrieved on: 
Thursday, June 8, 2023

TerraStor Energy Corporation ("TerraStor" or the "Company") today announced the addition of Fred E. Reed, Jr. to its founding executive team as TerraStor’s Co-founder and Chief Commercial Officer.

Key Points: 
  • TerraStor Energy Corporation ("TerraStor" or the "Company") today announced the addition of Fred E. Reed, Jr. to its founding executive team as TerraStor’s Co-founder and Chief Commercial Officer.
  • Fred’s extensive experience in power development, construction, finance, and operations perfectly complements that of our team.
  • Prior to joining TerraStor, Mr. Reed served as a senior advisor to Oaktree Capital since 2014 and Highstar Capital since 2003.
  • TerraStor enables electrical grids to achieve 100% renewable penetration by developing grid-scale, long-duration energy storage systems.

Crowley Moves Forward on Salem Wind Terminal with Land Closing

Retrieved on: 
Wednesday, October 5, 2022

SALEM, Mass., Oct. 5, 2022 /PRNewswire-PRWeb/ -- Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state's second major offshore wind port terminal.

Key Points: 
  • Crowley marks a milestone with closing on the purchase of the 42-acre site to serve as the future home of the Salem Harbor Wind Terminal.
  • SALEM, Mass., Oct. 5, 2022 /PRNewswire-PRWeb/ --Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state's second major offshore wind port terminal.
  • The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem, with AVANGRID serving as the port's anchor tenant through its Commonwealth Wind and Park City Wind projects.
  • Crowley Wind Services, the company's business unit dedicated to helping develop clean wind energy resources, will operate the terminal.

Avangrid Renewables’ Commonwealth Wind Joint Venture Selected by Massachusetts to Help State Meet Its Clean Energy Goals

Retrieved on: 
Friday, December 17, 2021

Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), announced today that its joint venture offshore wind project, Commonwealth Wind, has been selected as part of Massachusetts third offshore wind competitive procurement process.

Key Points: 
  • Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), announced today that its joint venture offshore wind project, Commonwealth Wind, has been selected as part of Massachusetts third offshore wind competitive procurement process.
  • After investing $15 billion in 8 GW of onshore wind and solar, we are now leading the way in offshore wind energy in the U.S. with the construction of Vineyard Wind One and Park City Wind.
  • Commonwealth Wind is part of AVANGRIDs vision to build a clean energy economy through community investment and reimagination.
  • With the addition of Commonwealth Wind to AVANGRIDs existing portfolio of offshore wind development projects, the company will build, own and operate more than 2,400 MW of offshore clean energy once the joint venture restructuring with Copenhagen Infrastructure Partners and Avangrid Renewables closes.

Crowley Expands in Rhode Island with New Offshore Wind Services Office

Retrieved on: 
Thursday, October 7, 2021

Dan McKee today announced the opening of the company's new Rhode Island office to advance the development and operation of offshore wind energy installations.

Key Points: 
  • Dan McKee today announced the opening of the company's new Rhode Island office to advance the development and operation of offshore wind energy installations.
  • "Crowley is committed to enabling the U.S. development of clean, sustainable energy through offshore wind solutions," said Ray Fitzgerald, the company's chief operating officer.
  • The Rhode Island office, 225 E. Dyer St., demonstrates Crowley's commitment to providing innovative logistics solutions, new emerging energy sources, and the development of public-private partnerships to expand its services in the offshore wind industry.
  • Recently, Crowley, through its New Energy subsidiary Crowley Wind Services, announced the impending purchase of 42 acres surrounding Salem Harbor Station in Massachusetts, as the company becomes the long-term offshore wind port operator for the site serving the first utility-scale U.S. offshore wind project by Vineyard Wind Partners.

Vineyard Wind Announces Partnership with Crowley, City of Salem to Transform Harbor into Offshore Wind Port

Retrieved on: 
Thursday, September 30, 2021

to create a public-private partnership aimed at establishing Salem Harbor as the state's second major offshore wind port.

Key Points: 
  • to create a public-private partnership aimed at establishing Salem Harbor as the state's second major offshore wind port.
  • "We look forward to working with Vineyard Wind and the City of Salem and providing the highest level of service in order to make Salem Harbor a leading provider in the offshore wind supply chain."
  • Given Salem Harbor's deep-water port and unrestricted height access to accommodate large-scale wind turbine installation vessels, Vineyard Wind sees Salem Harbor as a necessary addition to support the offshore wind industry within the Commonwealth and across the region.
  • Vineyard Wind LLC is an offshore wind development company seeking to build the first large-scale offshore wind energy project in the U.S., to be located 15 miles south of Martha's Vineyard.