Home Must Reads Principle Power gets $4M for Coos Bay wind power

Principle Power gets $4M for Coos Bay wind power

| Print |  Email
Must Reads
Thursday, December 13, 2012

The U.S. Department of Energy will award up to $4 million to Principle Power to deploy offshore wind power near Coos Bay.

Seattle-based Principle Power plans to deploy five floating platforms that support 6-megawatt wind turbines. The project will be sited in deep water 10 to 15 miles offshore near Coos Bay. This first phase of funding covers the initial stages of engineering, design and permitting for the project.

The initial DOE funding will go toward a pilot demonstration of the offshore wind technology. The department will select up to three of the projects — the others are in Maine, New Jersey, Ohio, Texas and Virginia — for follow-on funding to move toward commercial operations by 2017. Those projects will receive up to $47 million each over four years, subject to Congressional appropriations.

Read more at Sustainable Business Oregon.

{biztweet}wind power{/biztweet}

 

More Articles

Oversight? Or gaming the system?

News
Monday, July 14, 2014
AmazonBY VIVIAN MCINERNY | OB BLOGGER

Some people think Amazon’s winking eye logo is starting to look like a hoodwink.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

Liquid gold

June 2014
Thursday, May 29, 2014
BY JENNIFER MARGULIS

Don Gentry navigates Klamath Basin water rights.


Read more...

Downtime with Doug Gastich

June 2014
Thursday, May 29, 2014
BY JESSICA RIDGWAY

How the president of BlueVolt spends his free time.


Read more...

2014 Best Green Companies to Work For announced

News
Wednesday, May 28, 2014

100BestGreenMore than 350 people turned out today for Oregon Business magazine’s sixth annual celebration of the 100 Best Green Companies to Work For in Oregon.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS