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OFFSHORE WIND DEVELOPMENT lease rights for 390,000 acres of federal tracts south of Martha's Vineyard was auctioned for a record $405 million. Above the Block Island Wind Farm. / COURTESY DEEPWATER WIND

Mass. wind-farm site spurs record $405M bids

NEW YORK - Three companies bid a record-shattering $405 million to nab United States rights to build offshore wind farms near Massachusetts on Friday,...

Ørsted completes acquisition of Deepwater Wind, expects to add R.I. jobs

PROVIDENCE – Ørsted’s acquisition of Deepwater Wind LLC for $510 million has been finalized, the Danish company announced Nov. 7.Ørsted entered into an agreement...
THE CLOSING OF THE BRAYTON POINT power plant by owner Energy Capital Partners is part of a projected shortfall of electricity generating capacity that ISO-New England expects will increase prices in New England for power consumers.  / COURTESY DOMINION RESOURCES INC.

With demolition underway, Brayton Point rebranded for wind energy industry

PROVIDENCE – Once the largest coal-fired power plant in New England, the retired Brayton Point Power Station is being remodeled into a logistics port,...

Classroom experiment eyes wind-energy jobs

In some places, wind energy is still thought of as a grand experiment. In Rhode Island, it’s already seen as a promising industry of...

Deepwater Wind to be acquired for $510M

PROVIDENCE – Deepwater Wind LLC will be acquired by the Danish company Ørsted for $510 million, the two companies announced Oct. 8.Ørsted has entered...
DEEPWATER WIND will be sold to a danish wind-energy company for $510 million. / COURTESY DEEPWATER WIND

Deepwater Wind to be acquired for $510M

PROVIDENCE -  Deepwater Wind LLC will be acquired by the Danish company Ørsted for $510 million, the two companies announced Monday.Ørsted has entered into...
TAKING THE LEAD: Providence Mayor Jorge O. Elorza says he’s proud that the Providence Police Department was the first in the state to adopt body cameras for its police officers. He said the program has been well-received, adding it helps to calm people down because they know they are being recorded, while also allowing “the entire picture” of an incident to get out.
 / PBN PHOTO/MICHAEL SALERNO

Can a self-described ‘pro[business]-growth progressive’ mayor boost investment in Providence?

The son of Guatemalan immigrants who settled in the West End of Providence, Mayor Jorge O. Elorza is a pull-yourself-up-by-your-bootstraps story: The first in...
PROPERTY PLANS: Christine M. West, principal at KITE Architects in Providence, looks at some residential plans for a property in Exeter with Albert Garcia, principal.
 / PBN PHOTO/MICHAEL SALERNO

Business is good, but many companies take a “wait-and-see” attitude

Business continues to be good for most Rhode Island companies, and a majority expect that to continue, though their optimism is tempered by uncertainty...
WHILE IT IS THE ONLY CURRENTLY operating wind energy facility in the United States, the Block Island Wind Farm is just the first of many, according to the latest U.S. Department of Energy report. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

Federal reports: Wind energy market gains momentum

PROVIDENCE – When it comes to clean energy, the answer is increasingly blowing in the wind – and Rhode Island is playing its part...

Researchers conducting seafloor survey for proposed offshore wind projects

NORTH KINGSTOWN – A multimillion-dollar ocean-floor survey is being conducted off the Rhode Island coast in preparation for the South Fork Wind Farm and...
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