State with ambitions as wind-energy hub seeks to lure more

FILE - In this Monday, Aug. 15, 2016 file photo, three of Deepwater Wind's turbines stand in the water off Block Island, R.I. The state approved tax credits on Monday, Aug. 26, 2019, to lure Boston Energy, a third major offshore wind company, to the state. Rhode Island Gov. Gina Raimondo announced in June 2019 that British wind turbine maintenance company, GEV, will locate its U.S. headquarters in the state. The Danish offshore wind company Orsted operates Deepwater Wind.

PROVIDENCE — Rhode Island approved tax credits Monday to lure a third major offshore wind company to the state as part of an effort to become a hub for the industry.

The first U.S. offshore wind farm began operating off Block Island in late 2016, and Democratic Gov. Gina Raimondo wants to see the industry grow in the state.

The Rhode Island Commerce Corp. approved nearly $900,000 in tax credits over 10 years for Boston Energy, which plans to open its U.S. headquarters in Providence. The British company must maintain at least 52 full-time jobs in the state for at least 12 years.

Raimondo said Tuesday that the development is "further proof that we're well-positioned to be the hub for this growing industry."

Raimondo announced in June that another British wind turbine maintenance company, GEV Wind Power, will locate its U.S. headquarters in Rhode Island and create about 125 jobs.

The Danish offshore wind company Orsted bought Providence-based Deepwater Wind last year. Its major U.S. hubs are Providence and Boston. Deepwater Wind is the developer that opened the wind farm off Block Island.

It's a "recent trend" for global offshore wind companies to be opening headquarters in Rhode Island, state Commerce Secretary Stefan Pryor said Tuesday, and the state should continue offering tax credits and incentives, promoting ocean science expertise at local universities, and being proactive on renewable energy.

Pryor met with executives from both Boston Energy and GEV in England in May during a trip designed to attract offshore wind companies.

Pryor, who visited Denmark this month to meet with offshore wind executives there, said that he continues to pursue companies around the world and that he's speaking with Orsted about increasing its presence in Rhode Island. Raimondo and Pryor met with Orsted's global leadership on Tuesday in Newport.

Rhode Island is also home to several smaller companies that supply offshore wind products and services.

"We are deliberately and definitively working on the development of this industry through trade missions and through the fostering of homegrown companies," Pryor said.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.