October 6, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--In an effort to cut costs, Massachusetts, Rhode Island and Connecticut said Wednesday they've signed a memorandum of understanding that could lead to multistate procurement for offshore wind.

Industrial Info is tracking 15 active offshore wind projects in New England with a total investment value of more than $29 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a list of detailed project reports.