The MOU was signed through Rutgers’ Corporate Engagement Center, a joint venture of the university’s Office of Research and Economic Development and the Rutgers University Foundation.
Under the agreement, Ørsted will make an initial contribution to the university, with additional funding contingent upon its being granted approval by the state Board of Public Utilities for its Ocean Wind project, which would be the state’s first offshore wind farm.
The BPU is expected to rule on the December 2018 application in the summer.
“Rutgers University is a premiere institution that can provide us with ongoing research that will help propel the New Jersey offshore wind industry forward,” Thomas Brostrøm, CEO of Ørsted, said in a prepared statement. “We are very happy to partner with them as we progress with our Ocean Wind project.”
The research being supported will be conducted at the Rutgers University Center for Ocean Observing Leadership, part of the Department of Marine and Coastal Science.