http://www.reuters.com/article/idUSN1023284020091211?type=marketsNews Deepwater Wind to build first U.S. ocean wind farm
Private developer signs agreement with National Grid
* First 28-MW phase of wind farm to be completed in 2013
* Plans to build larger 385-MW project as well
* Sees total cost at $1.5 bln
By Laura Isensee
LOS ANGELES, Dec 10 (Reuters) - The tiniest state in the nation may build the first U.S. offshore wind farm, after privately held Deepwater Wind on Thursday landed a deal to sell power from the first phase of a Rhode Island project that eventually could supply 15 percent of the state's electricity.
Under a 20-year power purchase agreement, developer Deepwater Wind will sell electricity from up to 8 turbines producing 28 megawatts to National Grid Plc (NG.L).
Earlier this year Rhode Island set a target to obtain 20 percent of its electricity from renewable resources by 2015.
Many states and their utilities have looked to solar and wind power to meet clean energy goals, but Rhode Island expects offshore wind power to make up the bulk of its green energy.
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