Earth Equity News

Massachusetts Regulators Give National Grid Approval to Purchase Cape Wind Power. By Beth Daley, BostonGlobe, 11/22/10. “The state Department of Public Utilities gave permission on 11/22 for National Grid to purchase half of Cape Wind's power, removing the last significant hurdle for the controversial wind farm to start construction in Nantucket Sound next year. However, the agency refused to approve a second agreement for the sale of the other 50% of the project's power. Without a buyer for that power, Cape Wind's efforts to get financing for the proposed 130-turbine project could suffer, energy specialists say, with some suggesting only half of the turbines may now be built.”