Deepwater Wind

Deepwater Wind was established to develop large-scale offshore wind projects in the north-eastern part of the United States. The company's major investors are First Wind, a developer of on-shore wind projects in the United States, D.E. Shaw & Co., a capital investment firm with energy sector experience, and Ospraie Management, an asset management firm interested in alternative energy markets.^[1][2]

On 25 September 2008, Governor Donald L. Carcieri announced that Deepwater Wind was chosen as the successful developer to construct a wind power project off Rhode Island which will provide 1.3 million megawatt hours per year of renewable energy — 15 percent of all electricity used in the state.^[1][2] In 2009, Deepwater signed an agreement with National Grid to sell the power from a $200-million, 30-MW wind farm off Block Island, at an initial price of 24.4 ¢/kW·h.^[3]

See also

• Wind power in the United States
• List of offshore wind farms

References

1. ^ ^{a b} Rhode Island Governor Carcieri Names Deepwater Wind as Developer for Rhode Island's Off-Shore Wind Farm
2. ^ ^{a b} Rhode Island Chooses Deepwater Wind to Build Off-Shore Wind Farm
3. ^ Turkel, Tux (January 3, 2010). "Offshore wind power: Can Maine afford it?". Portland Press Herald. http://pressherald.mainetoday.com/story.php?id=306597&ac=PHnws. Retrieved 2010-01-08. ^{[dead link]}