It was announced Monday that the Deepwater Wind Block Island Wind Farm has been fully financed and is set for development off the coast of Rhode Island. The project is set to be up and running by the end of 2016 and will be the first off shore wind farm in United States. One of the biggest downfalls of wind energy in the US has been the massive amount of space that is required for such a large scale project. An offshore wind farm cancels out those concerns by putting the generators out of the way and in a place where the wind is always abundant. According to Deepwater Wind’s web site a 350 MW utility-scale offshore wind farm can generate enough clean energy to power around 125,000 homes every year! It will also offset 1.3 billion pounds of carbon dioxide emissions as well as 17 million barrels of oil per year.

Another plus is the job creation in the area of turbine fabrication, foundations, maintenance, and operations. Not to mention the hundreds of jobs that will be created by the manufacturing of products associated with wind farms. Sounds like a winning situation for all involved. Hopefully this will be the beginning of a new clean energy trend in America.