Touted as “America’s first offshore wind farm,” Cape Wind planned to erect 130 Siemens wind turbines five miles off the coast of Cape Cod and harness the strong winds blowing through Nantucket Sound to produce electricity.
But the $2.6 billion project’s contracts with the state’s two largest utilities were terminated in January after Cape Wind missed its December 31 financing deadline and refused to provide the collateral needed to extend it.
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2 comments:
Listen up Somerset.
I read yesterday that two wind turbines off the shore of Virginia beach were going to cost $375 million dollars. While the puny wind turbine slated for Crisfield is costing taxpayers $4.2 million and one of its manufacturers has already gone bankrupt. Wind and solar are scams and taxpayers are paying the price. Wake UP America and do something.
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