DONG Energy buys New Jersey offshore lease

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
DONG Energy buys New Jersey offshore lease

RES America Developments, a subsidiary of Renewable Energy Systems Americas, has reached an agreement to transfer an offshore wind development area lease located off the coast of New Jersey (USA) to DONG Energy.

DONG Energy will managed the lease and RES will provide support through project development services.

United States' Bureau of Ocean Energy Management (BOEM) announced in November 2015, that RES America Developments Inc. and US Wind Inc. had won the lease contracts to potentially develop wind farms in federal waters off the coast of New Jersey.

RES got the lease for Area OCS-A 0498 (South Area), an area which could accommodate more than 1,000 MW to be built after 2020 and now RES has applied to the BOEM to transfer its rights to this area to DONG Energy.

The Area OCS-A 0498 is about 65 hectares, and is located between 7 to 21 nautical miles from shore with water depths around 24 meters.

Glen Davis, CEO of RES, Americas, said:

"We are excited to be continuing our close relationship with DONG Energy through this major project as they increase their participation in the U.S. market. Leveraging our development expertise, along with DONG Energy's experience in offshore wind, we look forward to helping the BOEM with their goal to create jobs, develop clean energy resources, and reduce carbon emissions."

Samuel Leupold, Government's Executive Vice President of Wind Power, added:

"The U.S. is an interesting market for offshore wind with the potential to become a significant area for future development. With the transfer of the offshore wind development projects in the U.S., we are broadening our international scope. The site conditions are quite similar to those we currently work with in North-Western Europe which means that the project could be developed using well-known technology."

Share this news