Dominion Energy's Coastal Virginia Offshore Wind (CVOW), destined to be the largest offshore wind
Destined to become the largest offshore wind project yet in the United States.
The favorable decision for the project comes as good news for an industry that remains under pressure. The Biden administration continues to highlight its target of deploying 30 gigawatts of offshore wind energy capacity by 2030, while the execution of the projects continues to hit hurdles. Citing the rejection of its application to reprice its power purchase agreements in New York, BP today became the latest company to report it would take an impairment charge.