Offshore Wind Wire

MORNING ROUNDUP: Failed Spending Bill Could Hurt UMaine Offshore Wind Research

The fiscal 2011 federal spending legislation that was abandoned last week by the Senate included $10 million for deep water offshore wind development at the University of Maine and the loss of that funding could impact the school’s ongoing research, the Portland Press-Herald reported over the weekend. “This funding would have been to continue the [...]

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MORNING ROUNDUP: Cape Wind Will Cost More Than $2.5 Billion

The Cape Wind offshore wind project will cost more than $2.5 billion to build, not including the cost of financing, the Boston Globe reported over the weekend. The Globe reported on an analysis of the Cape Wind power purchase agreement.  That analysis, by Massachusetts Attorney General Martha Coakley, was submitted to state regulators who [...]

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MORNING ROUNDUP: NJ Governor to Sign Offshore Wind Bill

New Jersey Gov. Chris Christie is expected to sign the Offshore Wind Economic Development Act today, according to a report in the Star-Ledger Wednesday. The bill calls for $100 million in tax credits for offshore wind companies and will eventually require that a percentage of electricity sold in New Jersey come from offshore wind [...]

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