Shell, Gulf Wind Technology partnering on $10 million wind power initiative at Avondale

James Martin, CEO of Gulf Wind Technology, an industrial member of the consortium. Photo by Cheryl Gerber

New Orleans-based Gulf Wind Technology is partnering with Shell on a multimillion-dollar project to create a wind power research and technology program at the Avondale Global Gateway in Jefferson Parish, reports

Thanks to a $10 million investment from the London petrochemical giant, the Shell Gulf Wind Technology Accelerator should help Gulf Wind Technology create 30 new jobs with an average annual salary of $83,000, according to Louisiana Economic Development. The state agency says the project should also create another 54 indirect jobs.

State officials hope the Shell-Gulf Wind Technology partnership will create a hub for offshore wind development, particularly in the Gulf of Mexico, amid a push for cleaner energy driven in part by the state’s climate action plan. The companies plan on having its first wind turbine available for demonstration next year. Read the entire story.