DOE Gives Huge Boost to Clean Energy by Awarding Nearly $150 Million to Three Offshore Wind Projects
The promising future of a thriving domestic offshore wind industry moved one step closer to reality yesterday when the Department of Energy (DOE) selected three offshore wind demonstration projects, including a floating wind project on the West Coast, to receive $47 million each to help the projects deploy and begin delivering clean electricity by 2017.
The Senate Finance committee gave a strong bipartisan show of support for domestic offshore wind energy yesterday by voting to extend the critical investment tax credit. This vote resurrects a crucial incentive for this nascent clean energy industry and offers a great chance to catapult the industry into the mainstream and allow companies to plan successful projects that take advantage of the nation’s vast offshore wind potential.
- Ocean Roundup: Shell Seeks to Extend Arctic Drilling Period, Great Barrier Reef Protection Plan “Inadequate,” and More Posted Wed, October 29, 2014
- CEO NOTE: Chilean Oil Spill Harms Local Wildlife, Fishing Communities Posted Thu, October 30, 2014
- Federal Government Takes Steps to Better Monitor Bycatch in Southeast and Gulf Fisheries Posted Mon, October 27, 2014
- Meet the Eerie Stargazer, Wolf-Fish, and Polka Dot Batfish: The Halloween Creature Feature Edition Posted Wed, October 29, 2014
- Ocean Roundup: Costa Rica Restricts Industrial Tuna Fishing, West Coast Sea Stars May Be Making a Comeback, and More Posted Fri, October 24, 2014