Deepwater Wind CEO Jeff Grybowski (left) and attorney Joe Keough. Photo by Andrew Augustus WPRO News
WPRO News
After two years of construction, the Deepwater Wind energy project is set to become the first completed in the country.
“We are in construction now, we are full steam ahead, we’ve got people working in Providence and Quonset, and frankly across the country getting ready for this project,” said Deepwater CEO Jeff Grybowski.
Grybowski said the blades for the offshore wind turbines have been completed and he expects construction and assembly to be fully underway this summer with a target completion date set for 2016.
As for the finances of the project, Grybowski says the project will cost roughly 10% higher than expected.
“Our financing is secure, we’re ready to build and we actually are in construction. So we are full steam ahead and this summer the activity begins,” said Grybowski.
The increase has to do with a larger turbine that is being used than the ones originally talked about. The new turbines will be just short of 600 feet tall.
“I think wind, solar and other renewables are critical to help bring [energy] rate hikes down, I think it’s really important to diversify fuel sources; projects like this are at the forefront of making that happen,” said Grybowski.
