Friday, December 14, 2012

Fishermen’s Energy gets $4M fed grant for offshore wind




An offshore wind project planned for off the coast of Atlantic City is one of seven nationwide to receive a federal grant to help with engineering, with the goal for the project be in operation in five years, the Press of Atlantic City reports today
The Department of Energy announced Wednesday that the Fishermen’s Energy project will receive an initial amount of $4 million to assist with design, engineering and permitting. Three projects will then be selected for grants of as much as $47 million to help with construction and installation. Those projects selected should be operating by 2017
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