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

Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.

Renewable NRG_id1934
Canwea_id1984
Future Energy_id2008
UnitedEquip_id1995