The 130-turbine Cape Wind project off the coast of Massachusetts has spurred more support for offshore wind generation, including a $199-million terminal construction at the Port of Paulsboro, N.J., and a $35-million project on the waterfront in New Bedford, Mass. That new port infrastructure as well as recently announced federal programs to support offshore wind infrastructure may finally help launch the U.S. offshore wind industry, which has lagged behind countries such as the United Kingdom and Denmark where the offshore supply chain was developed years ago. New Bedford is Cape Wind’s designated hub for offshore wind staging and assembly. Kristin
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.