Installation of the five wind turbine foundations for Deepwater Wind’s 30-MW Block Island project has commenced off the Rhode Island coast.
“First foundation is now sitting on the seafloor,” Deepwater Wind's CEO, Jeffrey Grybowski, said on twitter on Sunday. The offshore wind farm represents an investment of over USD 290 million (EUR 262m).
A joint venture between Weeks Marine and Manson Construction is Deepwater Wind’s offshore foundation installation contractor.
The project reached financial close early this year, thanks to French bank Societe Generale (EPA:GLE) and the KeyBank National Association of Cleveland, Ohio. Soon after that, Alstom (EPA:ALO) of France was given notice to proceed with the manufacturing of the five Haliade 150 turbines, of 6 MW each, for the offshore wind farm.
Deepwater Wind’s goal is to have the Block Island offshore wind farm up and running in the autumn of 2016. It will be the US' first, in contrast to Europe, which surpassed 8 GW offshore wind in 2014.