The state of Massachusetts has greenlighted amendments to Mayflower Wind’s 804MW Round 2 project award that slash its offtake contract by nearly 10%, plumbing new depths for US offshore wind pricing.
The state utilities regulator, Department of Public Utilities (DPU), approved amendments to the 2020 power purchase agreements (PPAs) for the Shell-Ocean Winds-owned Mayflower Wind that cut its rate from $77.76/MWh,
