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offshore wind

Interior Secretary Doug Burgum speaks with a reporter outside the West Wing of the White House, Thursday, April 10, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Apr 17, 2025

Trump administration issues order to stop construction on New York offshore wind project

The Trump administration has issued an order to stop construction on a major offshore wind project to power more than 500,000 New York homes, the latest in a series of moves targeting the industry. Interior Secretary Doug Burgum on Wednesday directed the Bureau of Ocean Energy Management to halt construction on Empire Wind, a fully-permitted […]

Mar 31, 2025

Lawmakers grapple with Virginia’s increasing energy demand

Virginia faces a dilemma. Data center developers are clamoring to build in Virginia with the sort of zeal typically reserved for hipsters attempting to win admittance into secret speakeasies. Residents of some Virginia localities have fought mightily against data center growth, citing environmental concerns and increased demand for electricity, and county and state politicians have […]

Mar 25, 2025

Construction of Virginia’s tallest building slated for April

LS GreenLink USA will begin constructing the tallest structure in Virginia next month. During Old Dominion University’s Maritime and Offshore Wind Conference on Tuesday, LS GreenLink USA’s managing director, Patrick Shim, revealed the company will break ground April 28 on its $680 million-plus offshore wind subsea cable manufacturing facility in Chesapeake, the first of its […]

Jan 21, 2025

Dominion says offshore wind farm moving forward, despite executive order

President Donald Trump started his second term Monday with a flurry of executive orders, including one that temporarily ceases all federal wind leases under consideration and calls for an “immediate review” of the policies before resuming. So, what does that mean for Virginia and Dominion Energy, which is midway through constructing its $9.8 billion Coastal […]

Oct 31, 2024

Mind the gap

Margaret Abrams was studying engineering at Liberty University when she came across an online job advertisement from Newport News-based Huntington Ingalls Industries. HII, Virginia’s largest industrial employer, was offering a $2,500 signing bonus to job candidates who successfully completed a 16-week computer numerical control training at the Navy’s Advanced Training in Defense Manufa[...]

Oct 23, 2024

Dominion completes $2.6B sale of stake in offshore wind farm

Dominion Energy has completed its $2.6 billion sale of a 50% noncontrolling stake in its Coastal Virginia Offshore Wind project to investor Stonepeak, the Fortune 500 utility announced Tuesday. This transaction and several other recent sales reduce Dominion’s debt by approximately $21 billion, meeting a goal the utility set in a recent business review, according […]

Sep 29, 2024

A steady breeze

Dominion Energy‘s long-anticipated $9.8 billion Coastal Virginia Offshore Wind project is steadily taking shape as gigantic monopile foundations are installed in the ocean floor 27 miles off the Virginia Beach coast. This past spring, four years after two test turbines began generating power, Dominion installed the first monopile foundation for the 2.6-gigawatt offshore wind farm‘s [&h[...]

Aug 29, 2024

Power up

In October 2023, the U.S. Department of Energy‘s Grid Deployment Office awarded Dominion Energy a grant of $33.7 million to help make the state’s electrical grid more efficient. The funds, provided through the department’s $3.5 billion Grid Resilience and Innovation Partnerships (GRIP) program, will support increasing battery storage capacity in rural communities and facilitating[...]

Jul 30, 2024

Top Five August 2024

The five most popular daily news stories on VirginiaBusiness.com from June 12 to July 12 included news of Republican Gov. Glenn Youngkin’s appointees now holding a majority on the governing boards of Virginia’s state colleges and universities. 1   |   Youngkin peppers university boards with GOP power players New members included some conservative movers […]

Jul 8, 2024

Dominion Energy to buy N.C. offshore wind lease for $160M

A Dominion Energy subsidiary has agreed to acquire a 40,000-acre offshore wind lease off North Carolina’s Outer Banks for $160 million, the Fortune 500 utility announced Monday. Virginia Electric and Power Company, which does business as Dominion Energy Virginia, will purchase the Kitty Hawk North Wind lease from Avangrid, a Connecticut-based sustainable energy company, and […]

Jun 27, 2024

Catch a wave

Updated July 26: Chuck Rigney resigned as economic development director after six months on the job. After three decades recruiting businesses to Norfolk, Portsmouth and Hampton, Charles E. “Chuck” Rigney is tackling a new challenge: leading Virginia Beach‘s economic development. Rigney was named the Resort City’s permanent economic development director in February. It was one yea[...]

May 22, 2024

Dominion installs first post for offshore wind project

Dominion Energy plunged the first monopile — after the two existing pilot turbines — into the sea floor Wednesday, kicking off construction of the $9.8 billion Coastal Virginia Offshore Wind (CVOW) project that will bring 176 turbines 27 miles off the coast of Virginia Beach. Installation of the post started mid-morning and was finished by […]

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