U.S. Interior Secretary Ken Salazar said on Jan. 4 he would meet with stakeholders on the future of the planned $1-billion Cape Wind wind farm in Nantucket Sound after the National Park Service ruled that its planned site is eligible for listing as a national historic site because of cultural significance to two local Native American tribes. The project, located off the Massachusetts coast, would be the country’s first offshore wind farm. It would involve construction of 130 turbines, each 440 ft high, and other structures. Environmentalists and other opponents claim the project, being developed by Cape Wind Associates LLC,
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.