Deepwater Wind - Page 2 of 4 - Providence Business News

THE R.I OER, R.I. DEM AND COMMERCE RI endorsed the Revolution Wind Farm and the contract between National Grid Rhode Island and Orsted in advisory opinions Friday. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

OER, DEM and Commerce RI support Revolution Wind contract in advisory...

Government 03/22/2019

PROVIDENCE - The R.I. Commerce Corp., the R.I. Office of Energy Resources and the R.I. Department of Environmental Management filed advisory opinions on the...

IMPROVEMENTS UNDERWAY: ProvPort Terminal Manager Chris Waterson identifies a section of the port that will handle wind turbines. The port is undergoing improvements after voters in 2016 approved $20 million in upgrades. / PBN PHOTO/MICHAEL SALERNO

Can the Ocean State stay in the race for offshore wind-energy...

Cover Story 03/08/2019

The nation’s first offshore wind farm is spinning off Block Island. But Rhode Island appears to be playing catch-up to neighboring Massachusetts in preparing...

SPINNING NOWHERE? The Block Island Wind Farm may have been the first offshore energy project to start operations in the United States, but the benefits that it promised Rhode Island have yet to materialize.   / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

Is R.I. going to see the promise of wind energy blow...

Editorial and Op-Ed 03/08/2019

The Block Island Wind Farm is a rightful point of pride for Rhode Island. The first offshore wind-energy project installed and doing what it...

CLEAN ENERGY BUT NOT CLEAN PROCESS: While offshore-wind energy production is coming on a large scale to the region – pictured here is one of the five Block Island Wind Farm turbines – the contracts involving the electricity are anything but clear.   / COURTESY RICH PAYNE

Wind-energy savings obscured by speculation, despite promises

Editorial and Op-Ed 02/22/2019

Revolution Wind, developed jointly by Ørsted US Offshore Wind and Eversource, is expected to supply enough wind-generated electricity to fill nearly one-quarter of the...

Ørsted enters partnership with Eversource for Revolution Wind and N.Y. wind...

Natural Resources 02/08/2019

PROVIDENCE – Ørsted U.S. Offshore Wind and Eversource have entered into a partnership, with Eversource paying Ørsted $225 million for a 50 percent interest...

TECH INCUBATOR: Innovate Newport Director of Entrepreneurship and Innovation Tuni Schartner gives a tour of the former Sheffield School on Broadway in Newport, which will serve as the location of Innovate Newport. The business incubator will house small companies, startups and entrepreneurs in the fields of marine and environmental technology, cybersecurity and renewable energy.  / PBN PHOTO/KATE WHITNEY LUCEY

Can a new business incubator keep a bigger slice of Navy...

Cover Story 01/18/2019

For years, community leaders in Newport have watched as the nearby Naval Undersea Warfare Center has farmed out billions of dollars in contracts to...

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

Natural Resources 12/14/2018

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

Natural Resources 11/16/2018

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

Entrepreneurship 11/14/2018

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