DOE Announces $180 Million for Deployment of Offshore Wind Projects

March 1, 2012

On March 1, Energy Secretary Steven Chu announced an ambitious initiative to capture the potential of wind energy off American coasts. As part of a planned 6-year $180 million initiative, an initial $20 million will be available this year as the first step in supporting up to four innovative offshore wind energy installations across the United States. These offshore wind projects will accelerate the deployment of breakthrough wind power technologies that will help diversify our nation's energy portfolio, promote economic development, and launch a new industry here in America. See the U.S. Department of Energy Wind Program website for the full article.