US' First Two Offshore Wind Farms On Hold Thanks To Congressional Budget Battle

via internet business politics

Two wind power projects vying to the be first completed in the United States have been put on hold thanks to partisan politics pulling the plug on the Department of Energy's loan programs. As SmartPlanet reports, both NRG Bluewater Wind's planned project off the Maryland coast and the near-iconic Cape Wind project in Massachusetts are stalled because they can't secure anticipated Federal loan guarantees. Read more: SmartPlanet
More on Wind Power
Northeast States Rush to Build Nation's First Offshore Wind Farm
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