"Dominion Energy" News

First Installation Campaign at Coastal Virginia Offshore Wind Farm Wraps Up

Nov 04, 2024

Dominion Energy has installed 78 monopile and four offshore substation foundations for as part of the first offshore construction campaign for the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project.CVOW, the largest offshore wind project under construction in the United States…

Stonepeak Buys 50% Share of Coastal Virginia Offshore Wind from Dominion Energy

Oct 23, 2024

Dominion Energy has completed the sale of 50% noncontrolling interest in 2.6 GW Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak.Dominion Energy will retain full operational control of the construction and operations of the project…

Avangrid Wraps Up $160M Kitty Hawk North Lease Sale to Dominion Energy

Oct 25, 2024

Avangrid, the U.S. unit of Spain's Iberdrola, has closed the sale of Kitty Hawk North offshore wind lease are to Dominion Energy for approximately $160 million.The sale price consists of a lease acquisition payment of $117 million and associated development cost reimbursement to Avangrid…

BOEM Initiates Cetacean Acoustic Monitoring Program

Oct 29, 2024

The Bureau of Ocean Energy Management (BOEM) has established the Partnership for an Offshore Wind Energy Regional Observation Network (POWERON).The public-private partnership between BOEM and offshore wind lessees is designed to maximize the…

Offshore: Feedering for the Win(d)

Oct 17, 2024

With clean energy projects maturing in U.S. waters, the nation’s offshore wind industry is poised to grow substantially, requiring a robust industrial base. A feedering model using domestic tugs and barges to transport turbines to offshore wind sites…

50th Monopile Installed Off Virginia Beach

Aug 12, 2024

Dominion Energy has installed the 50th monopile foundation its the 2.6GW Coastal Virginia Offshore Wind project located 33 miles off the coast of Virginia Beach.The project is on schedule to hit the company's target of 70-100 monopiles set into…

Avangrid to Sell Kitty Hawk North Offshore Wind Lease Area to Dominion Energy

Jul 08, 2024

Avangrid, the U.S. unit of Spain's Iberdrola, has agreed to sell its Kitty Hawk North offshore wind lease area to utility firm Dominion Energy for about $160 million, the companies said on Monday.Located in offshore North Carolina, Kitty Hawk…

Cost of US-built WTIV Charybdis Balloons to $715 Million

Aug 19, 2024

The cost to construct the United States' first domestically built wind turbine installation vessel (WTIV), Charybdis, has risen to $715 million, Dominion Energy revealed in its latest quarterly results, marking another snag for the fledgling U…

Offshore Wind: Inside the Financial Web

Aug 07, 2024

Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately…

First Foundation Installed for Coastal Virginia Offshore Wind

May 22, 2024

Dominion Energy has announced that 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, has been installed approximately 29 miles off the Virginia Beach coast…

Coastal Virginia Offshore Wind Project Has Not Been Delayed

May 01, 2024

Dominion Energy has announced that any reports that the Coastal Virginia Offshore Wind (CVOW) project has been delayed are false and grossly misrepresent the facts.“On April 29, anti-wind groups filed a petition in the United States District…

All Clear for Construction Start of Virginia’s 2.6GW Offshore Wind Farm

Apr 16, 2024

The U.S. Environmental Protection Agency (EPA) has issued the final air quality permit for Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project located off the coast of Virginia Beach in the United States.Issued on April 9 following a 30-day public comment period…

One-on-One: Rob Langford, VP, Global Offshore Wind, ABS

Apr 23, 2024

As the U.S. offshore wind industry endures a predictable number of stops and starts during its adolescence, common mantras are ‘learn from the established European model’ and ‘embrace technology transfer from the offshore oil and gas sector…

DEME’s Orion Vessel Heads to US After Finishing Scottish Offshore Wind Job

Apr 16, 2024

DEME’s DP3 offshore installation vessel Orion has departed for the United States to prepare for the installation of 176 foundations on the Coastal Virginia Offshore Wind (CVOW) project, following the wrap up of works at the 882 MW Moray West offshore wind farm in Scotland…

First US-built WTIV Charybdis Launched

Apr 15, 2024

The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, was launched into the water at the Seatrium AmFELS shipyard in Brownsville, Texas.The 472-foot WTIV—the first and only to be constructed in the U…

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