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Investing in Offshore Wind Farms in the United States
Posted on October 08, 2008
Despite the recent economic downturn, in the last two weeks both New Jersey and Rhode Island have chosen to move ahead with plans to construct offshore wind farms, announcing their selected energy developers. Only a few months ago, Delaware publicized a contract for a similar project. While these are strong indicators that the economic downturn is not halting investment in green energy along the eastern seaboard, the return on each state's investment remains to be seen.MarketWatch previously explained, Winergy Power, with various names and related companies, have proposed projects in New J...
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