LS Cable Starts Construction on $680M Offshore Wind Cable Factory in Virginia
LS Cable Starts Construction on $680M Offshore Wind Cable Factory in Virginia

LS Cable Starts Construction on $680M Offshore Wind Cable Factory in Virginia

News summary

LS Greenlink USA, a subsidiary of South Korea's LS Cable & System, has begun construction on a $680–$700 million offshore wind cable manufacturing facility in Chesapeake, Virginia, marking the state's first such plant. The 750,000-square-foot facility will produce high-voltage direct current cables for offshore wind turbines, supporting over 330 permanent jobs and strengthening both the local economy and the U.S. offshore wind supply chain. Despite setbacks for the U.S. offshore wind sector under President Trump's administration, the project demonstrates continued industry commitment and is supported by incentives in the Inflation Reduction Act, as well as state grants and tax credits. Local and state officials, including Virginia Governor Glenn Youngkin and Senator Tim Kaine, have highlighted the plant as a significant step in advancing Virginia's leadership in renewable energy. The facility is expected to be fully operational by 2028 and may expand further in response to global infrastructure needs. The groundbreaking event coincided with the Oceantic Network’s International Partnering Forum, underscoring the project's importance to the national and international offshore wind market.

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