in News Departments > New & Noteworthy
print the content item

Bluewater Wind Delaware LLC, a subsidiary of Babcock & Brown, has signed a 25-year power purchase agreement (PPA) with Delmarva Power for up to 200 MW of power from an offshore wind farm that will be built 11.5 miles off the coast of Rehoboth Beach in Delaware.

"This contract is a significant step toward developing Delaware's first offshore wind farm, which will almost certainly be the first offshore wind farm in the country," says Hunter Armistead, head of Babcock & Brown's North American energy group. "This offshore wind farm will harness the strong winds off the coast of Delaware to bring clean and renewable energy, stable power rates and new jobs to the area."

Delmarva Power has agreed to purchase 200 MW of the power produced by the wind farm, which is expected to have an output of up to 600 MW. Bluewater Wind will determine the final size of the wind farm within two years, during which time the company will seek additional buyers of power.

In addition to its contract with Delmarva Power, Bluewater Wind has entered into a memorandum of understanding with the Delaware Electric Municipal Corp. for the sale of approximately 100,000 MWh to 150,000 MWh of power and 17 MW of capacity to its nine municipal members.

SOURCE: Babcock & Brown


Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015