May 17, 2019 — Ørsted U.S. Offshore Wind will support academic research activities related to offshore wind at Rutgers University under a Memorandum of Understanding (MOU) signed Thursday.
Ørsted will make an initial contribution to Rutgers, followed by additional funding contingent upon being granted an OREC application by the New Jersey Board of Public Utilities.
Ørsted submitted an application for its Ocean Wind project to the NJBPU in December 2018 to develop the first offshore wind farm in New Jersey. The announcement for the award is expected from the NJBPU in summer 2019.
“Rutgers University is a premier institution that can provide us with ongoing research that will help propel the New Jersey offshore wind industry forward,” Thomas Brostrøm, CEO of Ørsted U.S. Offshore Wind and president of Ørsted North America, said in a statement. “We are very happy to partner with them as we progress with our Ocean Wind project.”