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Development of Delaware Offshore Wind Project Delayed By BP Spill

The regulatory fallout from BP’s Gulf oil spill is inflicting collateral damage on a major offshore wind project in Delaware. Hoboken, N.J.-based NRG Bluewater Wind´┐Ż officials said the restructuring of the Minerals Management Service, (MMS) following the Gulf spill could delay the development of its Mid-Atlantic offshore wind project by up to two years. The…

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NRG Acquires Offshore Wind Assets

NRG Energy, one of the country’s largest coal users, has acquired offshore wind developer Bluewater Wind, a venture jointly owned by Babcock & Brown and Arcadia Windpower, a developer headed by Bluewater founder Peter Mandelstam. On the acquisition, NRG CEO David Crane said: Acquiring an experienced offshore developer like Bluewater, with good projects already in…

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In and around the green

Delaware off shore wind project faces uncertain future as backer folds Sunnyvale, Calif., developer Sierra Solar set to close $40m series B funding Yingli Green Energy earnings beat forecasts NY developer announces construction of $8m Calif. solar plant Amtech Systems reports Q1 revenues  10 new biodiesel refineries to be built in India  Capstone secures $10m…

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