UK Businesses Welcome
UK Businesses Welcome
Offshore Wind Opportunities Await in Virginia Beach
Why Virginia Beach?
The City of Virginia Beach will soon have the biggest offshore wind farm in the United States just a few miles off its coast, along with a second large-scale wind farm in close proximity, which together create a multitude of opportunities for companies in the offshore wind supply chain.
Things You Should Know About Virginia Beach
In addition to its strategic location, the City of Virginia Beach offers a variety of competitive advantages over other offshore wind clusters in the country:
Access to Superior Port Facilities
The Port of Virginia, one of the largest on the U.S. East Coast, is rerolling a former container terminal for the new offshore wind industry.
Low Cost of Doing Business
Virginia Beach is cost effective when compared to other U.S. offshore wind communities: labor costs, utility rates, and taxes are generally lower.
Skilled Workforce and Talent Influx
The area’s strong maritime industry, the U.S. Navy, and new local college courses are all contributing to the offshore wind talent pipeline.
Pro- Business Environment
Virginia Beach is located in the Commonwealth of Virginia, which consistently ranks as the best state for business, more than any other state (CNBC, 2021).
Energy Efficiency Made a Priority
Virginia’s pledge to transition to 100% clean energy by 2050 is spurring economic growth and creating opportunities for the offshore wind sector.
Strategic Location on the Coast
Vessels departing directly from Virginia Beach can reach the wind farms in ≈ 2 hours through various inlets on the coast that feed into the Atlantic.
New Anglia Establishes Relationship with Virginia Beach
The New Anglia Local Enterprise Partnership (LEP) and the City of Virginia Beach signed in December 2021 a Memorandum of Understanding (MoU) to promote trade and investment opportunities for the wind sector.