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A NEW R.I. COMMERCE secretary is expected to be announced June 27.

New R.I. commerce secretary to be announced June 27

PROVIDENCE – A new state secretary of commerce is expected to be announced by Gov. Daniel J. McKee on June 27, McKee spokesperson Matt...
LIFTOFF: Jaia Robotics LLC owner Ian Estaphan Owen launches one of his company’s aquatic robots in Narragansett Bay. Newport-based Jaia could be a benefactor if the University of Rhode Island Research Foundation’s proposal to boost the blue economy is named a winner in the $1 billion Build Back Better Regional Challenge. / PBN PHOTO/RUPERT WHITELEY

EYES ON THE PRIZE: 2 key R.I. sectors could get $100M...

Ian Estaphan Owen launched a marine robotics company less than two years ago with the aim of helping combat the effects of climate change. But...
FLUX MARINE LTD., a company in East Greenwich that makes electric outboard boat engines, is receiving tax credits worth an estimated $1.9 million over 10 years from the state of Rhode Island after an 8-0 vote by the R.I. Commerce Corp. board of directors on Monday. / COURTESY FLUX MARINE LTD.

R.I. Commerce gives Flux Marine $1.9M in tax credits to remain...

PROVIDENCE – Flux Marine Ltd., a company that makes electric outboard boat engines, is staying in the Ocean State after the R.I. Commerce Corp....
HILARY FAGAN has been named the new president of R.I. Commerce Corp. / COURTESY R.I. COMMERCE CORP.

R.I. Commerce Corp. taps Fagan as new president

PROVIDENCE – Hilary Fagan will become R.I. Commerce Corp.’s new president next month, replacing Jesse Saglio. The quasi-public agency announced late Monday that Fagan, R.I....
CLEAN ENVIRONMENT: An Amgen employee works inside the next-generation biomanufacturing plant built in West Greenwich in 2020. / COURTESY AMGEN RHODE ISLAND/AL WEEMS

Building on the promise of biotech

TECHNOLOGY With help from companies ranging from global corporations to local startups, Rhode Island has had its share of victories in the biotech sector in...

R.I. Commerce creates post dedicated to offshore wind industry

PROVIDENCE – R.I. Commerce Corp. is hoping to capitalize on the emerging offshore wind industry with a new position dedicated to luring companies to...
CAUTION SIGNAL: Fred Mattera, executive director of the Commercial Fisheries Center of Rhode Island, warns of the potential for loss of life and loss of vessels because the 1-mile-wide transit lanes allocated for traveling around wind turbines don’t provide enough room to safely maneuver vessels in high winds and storms when visibility is low. / PBN PHOTO/MICHAEL SALERNO

POWERING UP: Offshore wind sector gains momentum despite pandemic

Stark white walls, blank computer screens and empty desk chairs weren’t what the executives at Denmark-based wind-energy firm Orsted had in mind when they...
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...

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...

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