A small wind project in New England just made history. Deepwater Wind announced Monday that its Block Island wind farm is fully financed and on track to become the nation's first offshore wind project.
Set to go online toward the end of 2016, the more than $290 million project involves constructing five wind turbines off the southwestern coast of Block Island, which lies about 13 miles off the coast of Rhode Island.
"In the minds of the general public and policymakers [offshore wind] is a very theoretical thing. That's the importance of Block Island: it will take offshore wind from theory to reality" in the United States, said Jeffrey Grybowksi, CEO of Providence-based Deepwater Wind.
Read more at America's First Offshore Wind Farm to Start Construction This Summer
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