If you can’t win the bids, just purchase the winning bidder. On Monday, global offshore wind leader à˜rsted announced that it had entered into an agreement to acquire a 100 percent of Rhode ...

Though winter storm Stella caused much of the eastern part of the country to shut down, the new Block Island Wind Farm off the coast of Rhode Island used it to reach full capacity. All five turbines ...

American Bureau of Shipping (ABS) has issued approval in principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its new design of a floating offshore substation to support deepwater wind ...

DOE even claims it will somehow reduce the cost of floating deepwater wind energy to $45 per megawatt-hour by 2035. (That’s 45¢ per kilowatt-hour, triple what most Americans now pay.) To buttress its ...

After scrapping plans for an offshore wind project in Rhode Island Sound, Deepwater Wind LLC has returned with plans for a much larger project in the sound that would more than double the power output ...

Deepwater Wind, the Rhode Island offshore wind company recently acquired by Danish wind-giant Orsted, will increase the size of its project for LIPA by 44 percent by employing larger turbines than ...

BLOCK ISLAND, R.I.--(BUSINESS WIRE)--GE (NYSE:GE) unit, GE Energy Financial Services, and Citi today announced the closing of tax equity financing on Deepwater Wind’s Block Island Wind Farm, the first ...

PROVIDENCE, R.I. (AP) — A wind farm planned for off the coast of Block Island has been given the final OK by the federal government. The U.S. Army Corps of Engineers is the lead federal permitting ...