Gamesa ends U.S. offshore wind prototype plans

Gamesa and collaboration partner Newport News Shipbuilding have ended plans to build a G11X-5 MW offshore wind turbine prototype off the coast of Virginia. The companies said the prospectus for the U.S. offshore market and regulatory conditions do not justify moving on with plans, a statement from Gamesa said.

“Demand is being tempered by economic and financial factors and the difficulties being encountered by developers in accessing credit,” said Jorge Calvet, chairman and CEO of Gamesa. “Based upon the current situation, the U.S. market appears to be set to develop later than others.”

The Virginia Marine Resources Commission approved the plans in March to build the 5 MW turbine in Chesapeake Bay, which also included the Offshore Wind Technology Centre. The center will be shutting down at the end of 2012.

Gamesa will design and install the prototype off the coast of Spain instead.

Read more wind energy news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...