The reported that developers of a planned offshore wind energy research array, Pine Tree Offshore Wind, have asked state regulators to approve a 20-year electricity supply contract with terms they say are essential to their investing $1.2 billion in a project that could help launch a new renewable energy industry in Maine. The article says that the partnership laid out how the deal, known as a power purchase agreement, is vital to Maine鈥檚 ability to develop a major new industry based on a patented floating concrete platform designed at the University of Maine. The , and Associated Press shared the PPH report. The , , and other outlets shared the AP summary.
