August 21 (Renewables Now) - The delayed timeframe of the 800-MW Vineyard Wind project near Massachusetts will impact monopiles supplier Sif Holding NV’s (AMS:SIFG) production planning for 2020, the Dutch firm said Wednesday.
As announced last week, the 50/50 partnership between Copenhagen Infrastructure Partners (CIP) and Avangrid Renewables LLC, is studying options for delivering the offshore wind project at a later time after the Bureau of Ocean Energy Management (BOEM) decided to conduct an additional Environmental Impact Study (EIS). Vineyard Wind needs four to six weeks to asses how this will affect the project plan.
Sif and Vineyard Wind are investigating the impact of the permitting hurdles and possible mitigation of the subsequent delays. The impact on Sif’s activities depends on Vineyard Wind’s next steps.
Sif has been contracted to deliver 84 monopiles for the Vineyard Wind park, agreeing to manufacture the equipment on a tight schedule with seasonal restrictions in the first half of next year. “Sif is studying the consequences of mitigation options beyond the contractually agreed delay decision moments,” the Dutch firm said.