They believe that CapeWind, which has 77.5% of its proposed 468MW nameplate capacity under long-term contract, and Deepwater Wind’s 30MW Block Island demonstration project off Rhode Island with full output sold, will start being built this year. Developer Energy Management Inc. is believed to be scheduling a 2013 construction start.
“Extension of the ITC is an extremely positive step for the wind industry in general and for Block Island,” says Deepwater Wind chief executive Jeffrey Grybowski.
