Photo Courtesy of Principle Power Latest round of DOE funds earmarked for siting, construction and installation. Related Links: U.S. Offshore Wind Energy Purveyors Gaining Ground Offshore N.J. Wind-Farm Developer Will Challenge State Rejection Clemson Facility to Drive New Grid, Wind-Energy Research Three offshore wind-energy producers have received the nod from the U.S. Dept. of Energy to construct demonstration projects off both the Atlantic and Pacific coasts. The projects, which will receive up to $47 million each in DOE funds, were among seven projects selected in December 2012 to receive $4 million each to demonstrate design, engineering and permitting for their
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.