Latest Issue
 
Windtech International July August 2024 issue

 

FOLLOW US AT

follow

 

follow


Avangrid has decided to cancel its power purchase agreements (PPAs) for the 804MWt Park City Wind project, located off the coast of Connecticut, USA.
 
The company cites inflation, high interest rates, and supply chain challenges as the reasons for the cancellation. Avangrid had engaged in productive discussions with Connecticut state officials about the financial challenges facing the project but ultimately concluded that the best course of action for Park City Wind is to terminate the PPAs. The project had previously secured PPAs with Connecticut's major electric distribution companies for power offtake and was originally planned for Long Island Sound. While specific details have not been disclosed, Avangrid intends to re-bid the project.
 
Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.