Project Traits
State: New Jersey
Congressional District: NJ05
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Project Type: Manufacturing
Energy Sector: Grid & Transmission, Clean Power,
Energy Subsector: Cables, Wind,
Project Start Year: Unknown
Project Launch Year: Unknown
Outcomes & Impacts
Private Investment: Unknown
Jobs Announced or Created: Unknown
People Served: Unknown
Projected Economic Impact: Unknown
LS GreenLink USA, Inc. ("LS GreenLink"), a wholly-owned subsidiary of LS Cable & System Ltd., will specialize in manufacturing subsea power cables in the United States. The subsea power cables to be manufactured by LS GreenLink are integral to the global supply chain for offshore wind farms and designed to optimize bulk clean-power transmission. LS GreenLink will set new standards by introducing advanced manufacturing capabilities to support the global clean technology industry.
The U.S. Department of Energy (DOE) released applicant self-disclosed information for 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Nine of the self-disclosed projects indicated they are located in 48C energy communities – communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities.