Posted by: JaredFurtado on Oct 13, 2011

Reporting by Scott DiSavino in New York; Editing by David Gregorio

(Reuters) - Deepwater Wind is racing to build the first U.S. offshore wind farm off Rhode Island and hopes to parlay that into a string of East Coast farms that could partially replace embattled nuclear power plants.
The privately held U.S. wind power developer plans to begin construction of the $205 million, 30-megawatt Block Island project in 2013 or 2014, ahead of a farm proposed by Cape Wind which had been expected to be the nation's first offshore facility, according to Deepwater's CEO.

"Believe it or not, the first offshore wind farm will probably happen in little Rhode Island," CEO William Moore told Reuters in an interview.

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