Overview

• Massachusetts, Rhode Island, and Connecticut have received proposals for offshore wind projects as part of a historic agreement to potentially coordinate selection.
• The proposals aim to supply up to 6,800 megawatts of offshore wind capacity, enough to power nearly 2 million homes.
• Bidders include Avangrid Renewables, Vineyard Offshore, and Ørsted, with projects potentially coming online as soon as 2029.
• The initiative seeks to lower costs, increase project viability, and support the region's clean-emissions goals.
• Officials expect to announce selected projects in the third quarter of 2024, marking a significant step for the region's renewable energy landscape.