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MASSACHUSETTS: New Bedford port nets $20 million to protect against natural disasters

October 21, 2020 โ€” A $16 million grant is bound for the city of New Bedford to improve the cityโ€™s port, helping prepare it for future natural disasters.

According to a U.S. Economic Development Administration press release, U.S. Secretary of Commerce Wilbur Ross announced the grant funding on Tuesday.

The money, according to the press release, will โ€œmake port infrastructure improvements needed to protect commercial fishing businesses from floods and severe weather events.โ€

The Economic Development Administration (EDA) grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $4 million in local funds and is expected to create or retain more than 400 jobs and spur $4 million in private investment, the press release states.

According to a Tweet from New Bedford Mayor Jon Mitchell, a majority of the matching funds will come from the state, with the New Bedford Port Authority chipping in $500,000.

Read the full story at the New Bedford Standard-Times

Federal grant for Maine offshore wind

October 6, 2020 โ€” Maine is getting a $2.16 million grant from the U.S. Economic Development Administration to map out plans for an offshore wind energy industry, and join other Northeast states already promoting their own vast hopes for turbine arrays.

โ€œUnleashing American innovation is critical to our global competitiveness,โ€ U.S. Secretary of Commerce Wilbur Ross said in announcing the grant Oct. 1. โ€œThis project will allow Maine to capitalize on its technical leadership in the wind power sector to diversify and grow the stateโ€™s economy and make it more resilient.โ€

The EDA grant to the Maine Governorโ€™s Energy Office will be matched with $267,624 in state funds and $112,457 in local funds, according to federal officials.

The money will be used to โ€œcreate a roadmap for establishing a floating offshore wind power industry by examining manufacturing processes, supply chains, port facilities, transportation systems, shipbuilding opportunities, ecosystem relationships, workforce development plans, power interconnections, exports, and economic impacts,โ€ according to Commerce Department official Dana Gartzke.

Maine has followed twists and turns in developing offshore wind. Deeper waters of the Gulf of Maine would require the use of floating turbines, unlike the fixed foundations planned for big projects on the outer continental shelf off southern New England.

Read the full story at WorkBoat

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