offshore wind energy

4:59 pm
Mon March 2, 2015

Deepwater Wind Secures Full Financing For Block Island Wind Farm

Wind turbines at the Port of Providence

Deepwater Wind has secured more than 290 million dollars to build and operate a wind farm off the coast of Block Island. The company plans to begin installing turbines this summer. Deepwater is, so far, the only offshore wind company in the country to get full financing for an offshore wind farm.


Two banks have financed Deepwater Wind’s offshore wind farm: a bank in France and Ohio-based KeyBank.

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The Bottom Line
3:58 pm
Fri February 6, 2015

The Bottom Line: Utilidata Finds It’s Great To Be Global & Based In Rhode Island

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week, Dave and Mark talk with Scott DePasquale, Chairman and CEO of Providence-based global software company Utilidata. The company is partnering with Siemens to put voltage regulation software made by Utilidata into power grids. They discuss how more efficient power grids mean smaller power bills and the upside to having a global company in Rhode Island.

When to Listen

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2:22 pm
Thu January 29, 2015

Federal Government Leases Two Areas Offshore Martha's Vineyard For Wind Energy Development

Turbines have already been installed in Providence, now the federal government is leasing areas off the coast of Rhode Island and Massachusetts for an offshore wind farm.
Credit Catherine Welch / RIPR

The Interior Department's Bureau of Ocean Energy Managment auctioned off two out of four wind development areas off the coast of Martha’s Vineyard today for potential wind energy development. Twelve companies were eligible to place bids, but only two took part in the auction.

The two companies are RES Americas, a company headquartered in the UK, and OffshoreMW, the sister company of a German wind energy developer. They have secured provisional leases to build offshore wind farms off the coast of Massachusetts, south of Martha’s Vineyard.

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RI News
3:00 pm
Wed January 14, 2015

Block Island Offshore Wind Farm On Track And More Efficient

Credit RIPR File Photo

The Block Island offshore wind farm will produce more power than originally expected, said Deepwater Wind CEO Jeff Grybowski at an open meeting before the state's Public Utilities Commission. The company expected the wind farm to produce 40 percent of its total maximum power. But since the company proposed the project, advances in turbine technology have bumped up the wind farm’s projected efficiency.

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8:26 am
Wed November 19, 2014

Major Step Forward For RI's Offshore Wind Farm

Wind turbine at the Port of Providence, currently there are no offshore turbines in Rhode Island.
Credit Catherine Welch / RIPR

Federal regulators have cleared the way for a transmission cable linking Block Island to Rhode Island’s mainland.  It's big step forward for Deepwater Wind’s offshore wind farm.  

The decision for the “right-of-way grant” marks a major milestone – not just for the Block Island Wind Farm project itself – but also for offshore renewable energy in the United States. The cable, which would cross federal waters, would do two things: connect Block Island to the ocean wind farm 3 miles off the island’s coast, and transmit energy between the mainland and the island.

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11:09 am
Wed November 12, 2014

Deepwater Wind Announces First Round Of Local Jobs

Local tradesmen and women will build some of the foundation parts of the Block Island ocean wind farm, which is slated for construction next year. This is the first round local jobs Deepwater Wind expects to create from the project.

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5:30 pm
Thu July 10, 2014

Rhode Island Ranks In Top Tier Among Atlantic States In Offshore Wind Energy Development

Rhode Island and Massachusetts are leaders among East Coast states in the race to advance offshore wind energy development. That’s according to a new report from the National Wildlife Federation.

These two states are the only ones that have secured a combination of necessary contracts, leases, and permits to build offshore wind farms. The report points to budding large-scale projects from offshore developers Deepwater Wind and Cape Wind. Construction for these projects, including the Block Island Wind Farm, is set to begin next year.

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8:50 am
Tue May 13, 2014

CRMC May Vote To Approve Deepwater Wind Project

The CRMC may approve a wind turbine project in Rhode Island.

The Coastal Resources Management Council will discuss a subcommittee’s recommendation to approve Deepwater Wind’s proposed Block Island Wind Farm Tuesday. This may be another big vote for the project.

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4:15 pm
Thu April 3, 2014

CRMC Subcommittee Recommends Approving Proposed Offshore Wind Farm

Credit RIPR File

A subcommittee of the Coastal Resources Management Council has unanimously recommended approving a proposed offshore wind farm off the coast of Block Island.  

The subcommittee’s official recommendation will be read at a council meeting within the next 30 days, and then scheduled for a full committee vote. The subcommittee’s recommendation holds a lot of weight, according to Laura Dwyer, information coordinator for the Coastal Resources Management Council.

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2:35 pm
Thu March 27, 2014

CRMC Subcommittee To Decide Its Recommendation On Offshore Wind Farm

Credit RIPR File

A subcommittee of the Coastal Resources Management Council will take another step in the permitting process for a proposed offshore wind farm in state waters, when it decides next week whether to recommend approval for the project. 

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