COURTESY STATOIL Statoil's 2.3-MW demonstration turbine off the Norwegian coast. Related Links: Maine Offshore Wind Study Statoil Hywind Demonstration Description Statoil, developer of the world’s first full-scale floating wind turbine, is reporting good performance on its 2.3-MW test project near the North Sea. The Norwegian company is targeting the Gulf of Maine as a site for a 12-MW floating-turbine test wind farm, despite the tough U.S. environment for wind-energy development. If constructed, this would be the first floating wind turbine farm in the U.S.“We chose the coast of Maine because of good wind conditions, deep waters and proximity to electricity
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.