Developers agree to terms that will ensure the future of their offshore wind energy projects Developers of two major wind energy projects in Maryland have accepted terms offered by regulators that will allow these projects to continue taking form. Agreeing to these terms will allow the projects to collect subsidies from the state, which will help ensure that the wind energy projects produce electrical power when they are fully developed. Deepwater Wind and U.S. Wind are the companies that have agreed to the terms, which were laid out by Maryland’s…
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Deepwater Wind announces new offshore wind energy project in Maryland
Developer to bring a new offshore wind energy system to Maryland Deepwater Wind, developer of the first offshore wind energy system in the United States, has announced that it plans to build another wind farm off the coast of Maryland. The company’s Block Island Wind Farm is expected to begin producing electrical power and feeding it into the energy grid within the next few days. Deepwater Wind expects that the wind farm will show off the potential of offshore wind energy and intends to get a head start on developing…
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