Deepwater Wind - Page 3 of 4 - Providence Business News

Deepwater Wind to be acquired for $510M

Natural Resources 10/12/2018

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

Natural Resources 10/08/2018

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?

Cover Story 09/28/2018

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

Cover Story 09/07/2018

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

Natural Resources 08/23/2018

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

Natural Resources 08/17/2018

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...

THURSDAY, at the North Kingstown Chamber of Commerce, Gov. Gina M. Raimondo and other business community leaders announced WindWinRI. A $100,000 Real Jobs Rhode Island grant, the program is designed to build a workforce pipeline for the wind energy industry among today's high schoolers. BLOOMBERG FILE PHOTO/ERIC THAYER

Governor, Real Jobs RI promote R.I. as home to next-gen wind...

Economic Activity 08/16/2018

NORTH KINGSTOWN – As offshore wind farms begin to pop up along the Eastern Seaboard, Rhode Island – home to the first such alternative...

VINEYARD WIND, the Massachusetts wind project to be built off the coast of Martha's Vineyard, will provide electricity at an average price of 6.5 cents per kilowatt hour in 2017 dollars over the course of a 20-year contract, significantly less than previous wind cost estimates or offerings. Above, the Block Island Wind Farm operated by Deepwater Wind, the first offshore wind farm in the United States. / COURTESY DEEPWATER

Vineyard Wind project energy costs less than from conventional sources

Government 08/14/2018

PROVIDENCE – Earlier this month, the wholesale price of electricity (including renewable energy certificates) to be generated by the 800-megawatt Vineyard Wind project was...

A PORTION of the sea2shore transmission cable that connects Block Island's power grid to the mainland, and transmits the electricity generated by the Block Island Wind Farm as well, has become exposed in shallow water off the shore of Town Beach. Officials are meeting with National Grid to discuss solutions. / COURTESY DEEPWATER LLC

Block Island Times: sea2shore wind farm transmission cable exposed near shore

Natural Resources 08/09/2018

NEW SHOREHAM – The sea2shore transmission cable for the Block Island Wind Farm project, which was installed by National Grid Rhode Island, is exposed...