The Green Bond: Investing in Quonset’s offshore future

B roll string out Still

Quonset Business Park is best known as the region’s leading engine of economic development and job growth, but we also play a critical role in protecting the local environment and supporting clean energy initiatives.

Question 4 on this year’s ballot, known as the Green Bond, asks voters to approve $53 million in bonds for “green” infrastructure, including nine separate environmental projects. The largest investment is at the Port of Davisville.

In recent years, the port has emerged as a crucial hub for offshore wind energy in the North Atlantic, but the industry is growing. Rhode Island’s ports must expand to both meet the rising demand and take advantage of the opportunity to create thousands of new jobs. The Green Bond will expand the port’s infrastructure, helping Rhode Island meet its climate goals.

The port currently services the Block Island Wind Farm, South Fork Wind and Vineyard Wind. It is also home to Revolution Wind’s fleet of offshore wind service vessels.

The 704 megawatts of clean energy generated by Revolution Wind will “plug in” at Quonset, powering more than 350,000 homes across Rhode Island and Connecticut.

When our state and federal partners invest in the Port of Davisville, those investments pay off. In the last 20 years, the port has increased its auto imports by 745% and is now consistently among the Top 10 auto importers in North America. Over 1,600 jobs at about 100 companies are already supported by the port, and further investment is projected to support an additional 1,100 jobs.

On November 5, Rhode Island voters will have the opportunity to support the Port of Davisville, as well as other key environmental programs, including clean water, farmland preservation, climate resilience and more.

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UPDATE: Quonset sent QSS Biosolids a letter last week reconfirming the Corporation’s position that it will take no action on the company’s pending lease for the pyrolysis project prior to the reporting date of the Special Joint Legislative Commission to Study Sludge Management.

Quonset’s Board of Directors will meet on Tuesday, April 28, at 5pm at the Quonset ‘O’ Club. Doors will open at 4:30pm.

Following the meeting, the Quonset team will host a discussion with members of the community to answer any questions about projects at the Business Park.

Learn about a proposed energy storage project that will absorb and store energy on the grid during times of surplus and discharge during peak use, increasing regional grid reliability.

Join us at an information session on 4/22 at 6pm at the Quonset O Club or virtually on 5/12.

Quonset is committed to supporting clean energy generation. GDQ ESS, LLC is proposing a battery storage project that would capture energy during off peak hours and feed it back into the electric grid.

Learn more at an upcoming information session.

Quonset is committed to supporting clean energy. GDQ ESS, LLC is proposing a battery storage project that would capture and clean energy during off peak hours and feed it back into the electric grid.

Learn more at an upcoming info session.

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