Wind

Cape Wind to miss 2014 goal to close project financing

The developer of Cape Wind will not close financing this year as planned for 77.5% initial nameplate capacity, although it expects ocean construction to begin on America’s first large-scale offshore wind project in 2015, an official tells Recharge.

Cape Wind will utilize Siemens 3.6MW turbines (pictured at UK's Burbobank project).
Cape Wind will utilize Siemens 3.6MW turbines (pictured at UK's Burbobank project).
Published 16 December 2014, 17:39Updated 27 September 2016, 05:41
Offshore