The first commercial-scale offshore wind project in the US has received a conditional $150 million loan guarantee from the Energy Department. Under the proposed financing, the Department would be part of a group of public and private lenders for the project, which is said to have faced opposition for more than a decade. Located off […]

Engineering giant Siemens has signed a contract for the construction of the first utility-scale offshore wind farm in the US. It will install 130 turbines at the Cape Wind project, which will have a total capacity of 468MW. It is located 20 kilometres off Nantucket, an island south of Cape Cod, Massachusetts. The announcement comes […]