Work on first US offshore wind farm underway
Block Island Wind Farm's 5 turbines will provide electricity for about 17,000 nearby homes
Washington
WITH the lowering of giant steel legs to the sea bottom off Rhode Island, construction has officially begun on the country's first offshore wind farm, starting what US officials hope will be a race to harness a vast energy resource capable of powering millions of homes along the East Coast.
The project developer, Deepwater Wind, marked the "steel-in-the water" milestone for its Block Island Wind Farm on Monday, an event witnessed by federal and state officials who crowded into a boat to view the foundations for two wind-tower platforms jutting above the water.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Gold prices set for weekly decline ahead of US inflation data
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Oil settles higher as weak US economic growth offset by supply concerns
India's Vedanta misses Q4 profit estimates on lower prices
BHP targets Anglo American in bid valuing miner at US$39 billion
China's Sinopec charts global expansion with refinery in rival India's backyard