Tag Archives: Deepwater Wind New England

With a $3.8 million bid, Rhode Island’s Deepwater Wind New England won the nation’s first offshore wind energy auction

sct logoThe Bureau of Ocean Energy Management had split the 164,750-acre area, roughly 2½ times the size of Nantucket, into two portions for development. Deepwater Wind beat out two other developers, Sea Breeze Energy LLC and US Wind Inc, to purchase the entire area after 11 rounds of bidding. The company did receive a 20 percent “credit”,,earned its discount because it had entered into a “joint development agreement” with the state of Rhode Island. Continued@soutcoasttoday