Texas Offshore Wind Energy Project Poised to be 'First in the Water'
Texan wind energy developer poised to construct first U.S. offshore wind turbine, even as policy uncertainty and tricky project financing harries competing projects
Coastal Point Energy, a Texas wind development firm, is on pace to purchase and install the first offshore wind turbine in America by the end of 2011, edging out other 'first-mover' rivals in Massachusetts' Nantucket Sound and Ohio's Lake Erie. The company has already secured the necessary permits to construct a three megawatt (MW) "test" turbine by the end of 2011, which the company hopes will be the first stage of a 300 MW wind park located 8.5 miles off the coast of Galveston. ....read the whole story.
posted by Jeff ~6.6.2011
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