U.S. signs lease for Cape Wind project

Technology News (Oct 7 2010) Fossil Fuel , Solar , Wind

1. U.S. Interior Secretary Ken Salazar on Wednesday formally signed the nation's first lease for a major offshore wind project, as the Obama administration pushes forward to boost renewable energy output. The lease for the controversial $1 billion Cape Wind wind farm off the coast of Massachusetts officially ends a nine-year regulatory process for the project. "Our responsibility now is to take the lessons learned from that process--and from the growing pool of experiences with offshore wind development around the globe--and build a smart U.S. program," Salazar said at an offshore wind energy conference in Atlantic City, N.J. (Read Full Article)

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