New Jersey Approves Two Offshore Wind Projects Developed by Invenergy and TotalEnergies

New Jersey has greenlit two massive offshore wind farms, Leading Light and Attentive Energy 2, with a combined capacity of 3,742 MW. The joint ventures of Invenergy and TotalEnergies will develop the project. The projects are estimated to generate USD 6.8 billion in economic benefits for New Jersey, including job creation and investment in infrastructure.

A partnership between the American energy companies Invenergy and EnergyRe is developing the 2,400-MW project known as Leading Light. It is expected to begin generating power in 2031 and will be phased in, with the second phase coming online in 2032.

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Attentive Energy Two, a 1,342-MW project, is a joint venture between French oil major TotalEnergies and wind developer Corio Generation. It is also slated to start operations in 2031.

These approvals mark a significant step forward for New Jersey's ambitious goal of achieving 11,000 MW of offshore wind capacity by 2040. They also contribute to President Biden's national target of powering 10 million homes with offshore wind by 2030.

The projects are expected to create thousands of jobs during construction and operation, further bolstering the state's economy. Additionally, they will contribute to reducing greenhouse gas emissions, aligning with New Jersey's commitment to achieving 100% clean energy by 2035.

About Invenergy

Invenergy is a major player in the clean energy space, with a focus on developing and operating sustainable energy solutions across the Americas, Europe, and Asia. They take large-scale clean energy projects from start to finish, managing everything from initial planning and construction to ongoing operation and maintenance.

Their primary expertise lies in wind, solar, and energy storage technologies, though they also have experience with natural gas power generation.

About TotalEnergies

TotalEnergies, formerly known as Total, is a French multinational energy company founded in 1924. TotalEnergies boasts a century of experience in the oil and gas industry, with operations across the globe. Its extensive network of refineries, pipelines, and distribution channels makes it a major energy supplier in numerous countries.

With a vast network of refineries and petrochemical plants, TotalEnergies plays a crucial role in processing and transforming raw materials into fuels and other products. They're also diversifying into biofuels and recycled plastics.

TotalEnergies remains a major player in the oil and gas sector, actively exploring and developing new reserves around the world. However, they're increasingly focusing on cleaner sources like liquefied natural gas (LNG).

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