Current:Home > ContactIndexbit-Attentive Energy investing $10.6M in supply chain, startups to help New Jersey offshore wind -Elevate Capital Network
Indexbit-Attentive Energy investing $10.6M in supply chain, startups to help New Jersey offshore wind
Burley Garcia View
Date:2025-04-07 15:03:07
MIDDLETOWN,Indexbit N.J. (AP) — A company proposing an offshore wind farm in New Jersey is investing $10.6 million in projects to help grow the industry’s supply chain and support ocean-based technology startup businesses in the state.
Attentive Energy is one of four projects proposed in New Jersey’s most recent round of solicitations for offshore wind projects. It is a collaboration between Houston-based Total Energies, and Corio Generation, with offices in Boston and London.
During an event at Brookdale Community College, Damian Bednarz, the company’s president, said Attentive Energy will invest $6.6 million in SeaAhead. That is a company that supports ocean-related technology firms; it will establish a business incubator program in New Jersey.
Attentive Energy will invest another $4 million in technical support for small businesses at 11 regional small business development centers across the state.
A key goal of the company is to localize and diversify the supply chain for the offshore wind industry.
Continuing problems with the offshore wind supply chain was a major factor in Danish offshore wind developer Orsted’s decision to scrap its two offshore wind projects in New Jersey last month.
“In New York and New Jersey, you’ll always find someone who says, ‘This is great: I have a service for this, I have a business for this,’” Bednarz said.
Boston-based SeaAhead’s Blue Angels group has funded 29 startup businesses in the last three years, said Alissa Peterson, its co-founder and CEO.
“We need to create an environment where the best and the brightest choose to solve the hardest problems that we face as a globe,” she said. “And if we’re going to get them to do that, they need to know that the resources are going to be there for them to be successful.”
Attentive Energy is proposing a wind farm 42 miles (65 kilometers) off Seaside Heights that would provide enough energy to power 600,000 homes. It would be among the farthest from shore of the wind farm projects proposed to date on the U.S. East Coast. The distance from the coast would eliminate one of the main objections voiced by opponents of offshore wind, that they don’t want to see the wind turbines from the beach.
Without Orsted, New Jersey has only one approved offshore wind project: Atlantic Shores.
That Atlantic City-based venture is a joint partnership between Shell New Energies US LLC and EDF-RE Offshore Development, LLC.
In a related development, the National Oceanic and Atmospheric Administration on Monday established a go-slow zone for ships off Atlantic City to protect the critically endangered North American right whale. The agency says there are less than 350 of the animals remaining.
Last Friday, an undersea research glider operated by Rutgers University and the Woods Hole Oceanographic Institution detected the presence of right whales off Atlantic City.
Monday’s action by the federal agency asks ships to avoid the area, or travel through it at 10 knots (11 mph or 17 kph) or less of vessel speed. The restriction will run through Dec. 2, and joins similar restrictions in four other areas in the Northeast.
___
Follow Wayne Parry on X, formerly known as Twitter, at www.twitter.com/WayneParryAC
veryGood! (5)
Related
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Arkansas State Police probe death of woman found after officer
- A South Texas lawmaker’s 15
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- All That You Wanted to Know About She’s All That
- Hidden Home Gems From Kohl's That Will Give Your Space a Stylish Refresh for Less
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Ranking
- Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
- Global Warming Set the Stage for Los Angeles Fires
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Louvre will undergo expansion and restoration project, Macron says
- Sonya Massey's father decries possible release of former deputy charged with her death
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- B.A. Parker is learning the banjo
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
The Grammy nominee you need to hear: Esperanza Spalding
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Trump issues order to ban transgender troops from serving openly in the military