Danish Offshore Wind Company Opens Office In Newark

The ceremonial ribbon cutting event was attended by First Lady Tammy Murphy and Tim Sullivan, the CEO of New Jersey Economic Development Authority, which signed a Letter of Intent with Ørsted Offshore North America for New Jersey’s first offshore wind project, Ocean Wind 1.

Ørsted, the world’s largest developer of offshore wind, is partnering with PSE&G on the Ocean Wind 1 project. The project’s 1,100 megawatts of power are enough to power 500,000 New Jersey homes.  

"When I attended the first office opening in Atlantic City, I hoped Ørsted would expand its footprint in New Jersey, and here we stand, today in Newark," the First Lady said. "The educational, societal, and economic benefits of offshore wind need to be felt throughout the state of New Jersey and the country, and today is another step toward that realization."

During the event, the company also updated the progress of Ørsted’s 10-year, $1.5 million agreement with NJIT, announced in 2021, that created new scholarship and career development opportunities in the field of offshore wind and STEM for the university’s exemplary engineering and computer science undergraduate students.

In addition to the scholarships, Ørsted is also working with NJIT to develop STEM education and outreach programs to reach underrepresented students in the city through networking events, funded initiatives and college-prep programming for local elementary, middle and high school students.

The programs are offered through the University’s Center for Pre-College Programs and the NJIT-Newark Math and Science Initiative.

“We are proud that to date, we have joined NJIT in offering scholarships to 34 university students and have provided funding to the NJIT Center for Pre-College Programs and the NJIT-Newark Math Success Initiative,” said Kathleen Frangione, Head of Government Affairs and Market Strategy for Ørsted.

“We are focused on creating local educational opportunities that build solid foundations and bridges to opportunities that enable New Jersey students to have access to new clean energy job opportunities created in their home state,” Fragione said.

Mayor Ras J. Baraka said he was excited by the Ørsted/NJIT partnership to develop STEM education and outreach programs for Newark school children as well as offshore wind scholarships and career development for undergraduates.

"Newark is developing rapidly as a tech hub, and one reason is the collaborative culture of our corporate anchors and our colleges and universities," Baraka said. "Not only is Ørsted an international leader in tackling the climate crisis, it is inspiring and helping to educate a new generation of sustainability innovators.”

Through the development of the Ocean Wind 1 and Ocean Wind 2 offshore wind projects, Ørsted is bringing significant economic investment to New Jersey, totaling over $1.5 billion.

Ocean Wind 1, developed in partnership with PSEG, anticipates spending $695 million in New Jersey while creating hundreds of construction jobs per year, including jobs associated with the development of the EEW monopile manufacturing facility in Paulsboro, the first of its kind in the U.S.

Ocean Wind 2 will invest $1 billion directly in the State and generate over $4.8 billion in net economic benefits for New Jersey, helping to further develop a domestic supply chain. In addition, the Ocean Wind 2 project is supporting the launch of an electric truck initiative at the Port of Newark in partnership with Zeem Solutions.

The Ironside building is also serves as U.S. headquarters of Mars Wrigley, part of the world’s leading manufacturer of chocolate, chewing gum, mints, and fruity confections, including M&M candies.

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published this page in News and Politics 2022-10-14 02:28:03 -0700