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US Wind has announced that the state of Maryland has awarded the company 808.5MW in Offshore Renewable Energy Credits (ORECs) for Momentum Wind, a new offshore wind project slated to come online in 2026.
The 55 turbines for Momentum Wind will be in addition to the 22 turbines anticipated for MarWin, the company’s first project for Maryland, which will be constructed in the same Lease area. In total, the two projects will have over 1,100 MW of capacity. Both projects will be supported by separate 20-year schedules of ORECs awarded by the state of Maryland. US Wind also plans to establish a new steel fabrication facility at Tradepoint Atlantic.
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