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New London — It’s called the ThayerCat, a catamaran-style power boat being converted into an autonomous unmanned marine vessel that can do things like monitor marine mammals and help mitigate noise during construction of offshore wind turbine platforms. That was one several innovative projects on display during a tour of Groton-based ThayerMahan on Friday, a 5-year-old company that U.S. Rep. Joe Courtney, D-2nd District, called “one of the most exciting new companies in the state of Connecticut.” ThayerMahan is also a company that stands to benefit from the reinvigoration of the off...

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New York — US federal tax regulators and Congress have been addressing offshore wind industry needs to make tax equity financing more efficient, while the Department of Energy revamps its loan program to make $3 billion available to help build the offshore wind industry, experts said April 8. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Tax equity investments have become popular in the US as a way to finance renewable energy projects, with $13 billion made in 2019, Scott Zimmermann, partner with law firm Wilson S...

April 5, 2021, by Nadja Skopljak The U.S. National Offshore Wind Research and Development Consortium has selected 15 projects to receive USD 8 million for support structure and electrical system innovation, supply chain development, and solutions for impacts on wildlife and radar. Amongst the four projects chosen for innovative support structures, DEME Offshore will develop the tri-suction pile caisson foundation concept and Esteyco received a share for the evolved spar concrete substructure for floating wind. The consortium selected five projects to support ...

Small businesses are vital to NASA’s mission, helping expand humanity’s presence in space and improve life on Earth. NASA has selected 365 U.S. small business proposals for initial funding from the agency’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program, a total investment of more than $45 million.