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Offshore Wind 

New Jersey is located in the heart of the East Coast wind belt, and geographically positioned to be a hub for the U.S. offshore wind industry.

Under Governor Murphy’s leadership, New Jersey has established an ambitious goal of generating 7.5 GW of electricity from offshore wind energy by 2035 as part of the State’s Energy Master Plan to transition to 100 percent clean energy by 2050. This means 30 percent of offshore wind energy produced on the East Coast will be from New Jersey. NJEDA is investing resources to ensure that the arrival of offshore wind creates jobs and opportunities for New Jerseysans in addition to generating clean, sustainable energy. 


Whether you are a large offshore wind developer, an established manufacturer or supplier looking to relocate, or a small business interested in joining the offshore wind supply chain, New Jersey is the place for your business to get started, get established, and grow.  See below for more information on New Jersey's Offshore Wind Sector, and the programs and resources NJEDA has for developing the offshore wind economy.
 
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The NJEDA is creating targeted programs and supports to grow the offshore wind industry in New Jersey. 

    New Jersey Offshore Wind Procurement Schedule

    Technical Assistance

    Offshore Wind Tax Credit

    The New Jersey Offshore Wind Supply Chain Registry

 


Wind-Institute-(2).pngThe WIND Institute serves as a center for education, research, innovation, and workforce training related to the development of offshore wind in New Jersey and the Northeast and Mid-Atlantic region.

The WIND Institute plays a coordinating role within the region’s burgeoning offshore wind industry and creates new opportunities for New Jersey workers and institutions. The WIND Institute’s mission is grounded by two key pillars – act as a centralized hub for offshore wind workforce development, and champion research and innovation that unlocks market potential.

Click here to read a report on the plan for creation of the WIND Institute. 

NJEDA Support Programs for Businesses of All Sizes 

Green-arrow-(1).png  Innovation Economy Program
We are committed to nurturing the development of new technologies and ensuring that the State continues to be a leader in innovation. That’s why we offer a full range of programs and services to fuel the continuing growth of core industries vital to the State’s economy. So, whether you are an early-stage company, a research and development firm, a manufacturer, a service provider or other established business, the NJEDA may have the financing, real estate development and technical assistance tools to meet your specialized needs. Our efforts can provide businesses like yours with low-interest financing through our matching loan programs, tax incentives, real estate, and networking opportunities with the investment community. 
Green-arrow-(1).png  Large Business & Development 

The NJEDA offers a full range of programs to help support large corporations that are creating or retaining jobs in New Jersey. Our incentives are attractive to existing large companies in the state, as well as those considering New Jersey as a future home.Low-interest financing through bonds, direct loans, loan participation, loan participations/guarantees, and tax incentives rank among the key reasons for large corporations to conduct businesses in New Jersey. 

The NJEDA also offers powerful resources to spur economic development and self-sufficiency across New Jersey, particularly in New Jersey’s urban areas. With lower borrowing costs and the ability to bridge financing gaps for municipalities, developers, businesses and community groups in urban areas, the NJEDA is a flexible and effective business partner

Learn more about our Large Business & Development opportunities 

  Green-arrow-(1).png Small and Mid-Sized Businesses 

Supporting small to mid-sized businesses has always been one of our top priorities. The NJEDA has creative and versatile loan solutions available to small to mid-sized businesses. Contact us to determine if any of our programs are the right fit for your small to mid-sized business needs.

Learn More about all our small to mid-sized business opportunities 

Additional Resources

  • New Jersey Offshore Wind Industry Overview  Learn more
  • History of the Offshore Wind Industry in New Jersey Learn more
  • Commercial Wind Leasing Offshore New Jersey Learn more
  • NJ Department of Labor and Workforce Development Programs Learn more
  •  2019 Offshore Wind Taskforce Annual Report Learn more
  • Information on New Jersey Port Assets Learn more
 

Contact Us

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Brian Sabina
Senior Vice President, Economic Transformation
bsabina@njeda.com
+1-609-858-6756
 
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Kelli Brown
Sr. Project Officer, Economic Transformation
WIND Institute
kbrown@njeda.com
+1-862-872-3042

Julia Kortrey
Project Officer, Economic Transformation
j
kortrey@njeda.com
+1-609-858-6907



Aaron Roller 
Project Officer, Economic Transformation
aroller@njeda.com 
+1-609-858-6906


New Jersey Offshore Wind Interagency Taskforce Agencies

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