Maryland opens offshore wallet

Source: By Renewable Energy News • Posted: Tuesday, April 25, 2017

Maryland opens offshore wallet image

The Maryland Energy Administration has launched two grant programs to offer a combined $1m to emerging offshore wind businesses next year.

The Offshore Wind Business Development Grant Program and the Offshore Wind Workforce Development Grant Program are open to parties such as minority emerging businesses, non-profits, local governments and agencies.

The former aims to kick-start the state’s offshore wind supply chain, helping offset upfront barrier costs in two key areas: market entry assistance and capital expenditures & facilities upgrades.

The latter will provide grant funding on a competitive basis to ensure Maryland has the workforce to build and maintain offshore wind projects.

Two offshore wind farms are seeking permits in the US state, US Wind’s 250MW Maryland project and Deepwater Wind’s 120MW Skipjack facility. State regulators are expected to make a decision in mid-May.