New York City pitches for offshore wind business
City sets out 15-year plan to attract investment of over $1bn/yr and launch technology accelerator
New York City has launched a 15-year plan to position itself as a leading location for offshore wind. Mayor Bill de Blasio and the New York City Economic Development Corporation (NYCEDC) have pledged to invest $191mn as part of the city’s 'Offshore Wind Vision' project, which aims to attract average annual investment of $1.3bn and create 13,000 jobs. The project will focus on improving research and development, infrastructure and workforce for the nascent sector. “The city will work to develop best-in-class infrastructure that will support the construction and operation of offshore wind farms,” the NYCEDC says in a statement. “The plan outlines how the city will expand its manufacturing sect
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