This is an excerpt from EERE Network News, a weekly electronic newsletter.

August 13, 2014

New Jersey Offshore Wind Firm Highlights Energy Department Grant

Fishermen’s Energy on August 7 highlighted the $46.7 million Energy Department grant, announced in May, which will provide funding over four years to accelerate the commercialization of innovative offshore wind technologies in the United States.This funding will supplement the investment by Fishermen’s Energy to finalize construction planning, fabrication, and deployment, and aims to help Fishermen's achieve commercial operation by 2016 of a demonstration wind farm 2.8 miles off of Atlantic City, potentially the first grid-connected offshore wind farm in the United States.

Construction is planned to begin onshore in 2015, with offshore construction and commissioning of five turbines by Fishermen’s in 2016. In March 2012, the Energy Department announced the start of an initiative to capture wind energy off U.S. coasts. As part of a planned six-year $180 million initiative, these offshore wind projects will accelerate the deployment of breakthrough wind power technologies. See the Fishermen's news releasePDF and the May 7 edition of EERE Network News.