InvestSWVA launches Veer project to connect equipment manufacturers with partners
December 14, 2021
The public-private InvestSWVA campaign announced on Tuesday the launch of an economic development initiative designed to help manufacturers in Southwest Virginia find supply chain entry points for wind power equipment components. .
The initiative, called Project Veer, will connect manufacturers in Southwest Virginia with industry experts, public sector partners, the Hampton Roads Alliance, Dominion Energy Inc., Appalachian Power and organizations from GO Virginia Region One economic and workforce development.
Construction on Dominion’s 2.6 gigawatt Virginia Coastal Wind Project (CVOW) will begin in 2024. Dominion plans to build the 180-turbine wind farm 27 miles off the coast of Virginia Beach. Two turbines were built as pilots.
“Dominion Energy Virginia is actively engaged in the business community to provide economic opportunities in the offshore wind supply chain to all regions of the Commonwealth,” said John Larson, Director of Public Policy and Economic Development for Dominion Energy, in a press release. âWe look forward to working with Project Veer to leverage Southwest Virginia’s strong manufacturing heritage to help the region capitalize on the growing wind power industry. “
Project Veer builds on the recommendations of a study conducted by the Hampton Roads Alliance that uncovered supply chain gaps and defined how manufacturers could address them. The alliance worked with Aberdeen, Scotland-based energy consultancy Xodus Group Ltd., which is part of the project team, and Carlsbad, Calif.-Based BW Research Partnership to assess the chain. supply chain and conduct a gap analysis for the Hampton Roads. metro area and Southern Virginia.
âRenewable energy developers and Original Equipment Manufacturers (OEMs) need partners who produce quality components and deliver them on time,â said Will Payne, Managing Partner of Coalfield Strategies and Project Manager for InvestSWVA, in a press release. âWe have partners who match this bill in Southwest Virginia. We now have an infrastructure to help them explore their entry into the burgeoning wind energy market, while also leveraging the energy sector experience many of them already have.
The project received funding from the GO Virginia Region One Council, the Virginia Tobacco Region Revitalization Commission and Coalfield Strategies.
InvestSWVA is a public-private enterprise research, attraction and commercialization campaign launched under the aegis of the Virginia Tobacco Revitalization Commission, a 28-member body established by the General Assembly in 1999 to promote economic growth and development in tobacco dependent communities using the proceeds of the national tobacco regulations.