Dive Summary:

• The U.S. Department of Energy (DOE) has announced seven offshore wind awards for projects in Maine, New Jersey, Ohio, Oregon, Texas, and Virginia as part of their efforts to launch a U.S. offshore wind industry.
• Each project will receive $4 million initially to complete the engineering, design, and permitting; the DOE will select up to three of these projects for continued incentives.
• The goal is that these projects, which could receive as much as $47 million over four years, will be operational by 2017.

From the article:

In the initial phase, each project will receive up to $4 million to complete the engineering, design and permitting phase of this award. DOE will select up to three of these projects for follow-on phases that focus on siting, construction, and installation and aim to achieve commercial operation by 2017. These projects will receive up to $47 million over four years, subject to congressional appropriations. ...