PROVIDENCE — The Danish company planning offshore wind farms all along the New England and Mid-Atlantic coasts is poised to expand its presence in Providence with the announcement that it plans to open an innovation hub in the city.
Orsted is set to open the new office in the Cambridge Innovation Center at 225 Dyer St. this spring, the company announced Wednesday.
“Innovation has been the key to the success of the offshore wind industry in Europe, so committing time and resources to foster new technology growth here in the U.S. was an obvious step for Orsted,” Thomas Brostrom, CEO of Orsted U.S. Offshore Wind, said in a statement. “Locating this operation in Providence was an equally obvious move for us. The state has shown time and time again that it is home to one of the best innovation economies in the country and we look forward to becoming a part of that community.”
Orsted has proposed a 400-megawatt wind farm in Rhode Island Sound that would supply power to Rhode Island. The state Public Utilities Commission approved a long-term contract for the sale of the project’s power to National Grid last May. Orsted is also planning projects in the same general area of waters that would send power to Long Island and Connecticut.
Orsted already has a presence in Providence. After acquiring Deepwater Wind — the company founded in Rhode Island that developed the first offshore wind farm in the nation, off Block Island — Orsted took over Deepwater's headquarters at Exchange Terrace.
That office will remain open and is set to expand, according to a spokeswoman for Orsted.