CEG Launches Capital Region’s Largest Offshore Wind Industry Attraction Initiative at IPF
ALBANY, NEW YORK – The Center for Economic Growth (CEG) on Tuesday will join several regional partners to launch its biggest in-person industry attraction initiative to attract offshore wind (OSW) development to the Capital Region and beyond in New York State.
From Tuesday through Thursday (August 24-26), CEG will promote local OSW opportunities at the Business Network for Offshore Wind’s International Partnering Forum (IPF) in Richmond, Virginia. IPF is the largest offshore wind conference in the Western hemisphere, bringing together the global offshore wind supply chain for business growth and networking opportunities.
“With Equinor and Orsted/Eversource planning major offshore wind component manufacturing operations in the Capital Region, we have the wind at our back. We want to further build out here the supply chain for this emerging industry on the East Coast that will drive the creation of thousands of jobs,” said CEG Chief Economic Development Officer Katie Newcombe. We are excited to join our economic development, port, and private partners from Albany and Rensselaer counties and beyond, and we are grateful for Empire State Development’s support for this larger pavilion effort.”
More information on IPF here.
The event will consist of a conference and tradeshow, at which CEG will participate in the New York State Pavilion alongside regional and state partners: Advance Albany County Alliance, Dagen Trucking, Empire State Development, Gexpro Services, MRV Group, New York City Economic Development Corporation, Port of Albany, Port of Coeymans and Rensselaer County IDA. NYSERDA and National Grid are also supporting the NY presence. The New York team will collectively promote the state and Capital Region as a place for OSW business opportunities, as well as work to make connections within the industry.
Learn more about what’s happening in offshore wind in the Capital Region and how CEG can assist businesses here.
At IPF, CEG and its partners will look to build on the momentum for the Capital Region’s emerging OSW component manufacturing industry created through the state’s awards of wind energy solicitation from 2019 (1,700MW) and 2020 (2,500MW). As a result of these awards, Sunrise Wind, a joint venture of Ørsted A/S and Eversource Energy, plans to make advanced foundation components in the Capital Region. Equinor plans to manufacture concrete gravity-base foundations at the Port of Coeymans and at the Port of Albany it will create the nation’s first OSW tower and transition piece manufacturing facility for its projects. The Port of Albany OSW facility alone is expected to create up to 350 direct jobs.
Download the Offshore Wind Opportunities in New York’s Capital Region brochure here.
CEG’s OSW Industry Attraction Initiatives
Since February 2018 – one month after NYSERDA announced its first OSW solicitation – CEG has been raising awareness with international OSW developers about the capabilities of the Capital Region’s ports while also readying a regional supply chain and workforce. This work has included:
- Raising the Capital Region’s profile with international OEMs by participating in 11 OSW conferences.
- Working with NYSERDA and OEMs to build out the region’s OSW supply chain.
- Connecting local manufacturers with OSW original equipment manufacturers (OEMs).
- Hosting the Capital Region Offshore Wind Summit.
- Organizing the Virtual Offshore Wind Tour, presented by the Ministry of Foreign Affairs of Denmark and CEG.
- Assisting WRI Energy in Glens Falls make connections with the OSW industry.
- Highlighting Wind Energy R&D capabilities in the Capital Region.
The Center for Economic Growth (CEG) is dedicated to driving economic growth in New York’s eight-county, 1.1-million-person Capital Region. As the nonprofit regional economic development organization, we do this by attracting investment and talent; growing manufacturing and workforce capabilities, leveraging industry clusters, and developing the entrepreneurial ecosystem. We serve as a catalyst and work with partners and stakeholders to prepare the region to compete and move high-impact strategies and projects forward. An affiliate of the Capital Region Chamber, CEG is supported by investors in business, government, education, and the nonprofit sectors who are committed to sustainable economic growth and shared prosperity. For more information on CEG, visit www.ceg.org.