Posted on 09/01/2009 12:26:52 PM PDT by markomalley
The U.S. Energy and Treasury Departments on Tuesday announced $503 million in government cash grants to companies developing renewable energy projects.
The funding will help meet the Obama administration's goal of doubling U.S. renewable energy production over the next three years, creating jobs and providing financing on easier terms than many companies can obtain in the private sector.
This the first round of some $3 billion in direct payments to companies in lieu of tax credits to eventually support an estimated 5,000 biomass, solar, wind and other renewable energy production facilities.
"These grants will help America's businesses launch clean energy projects, putting Americans back to work in good construction and manufacturing jobs," said Energy Secretary Steven Chu.
(snip)
The companies receiving the most money were the Penascal wind farm ($114.1 million) in Sarita, Texas; the Locust Ridge II, LLC wind project ($59.2 million) in Shenandoah, Pennsylvania; the Canandaigua Power Partners, LLC wind project ($52.4 million) in Cohocton, New York, and the Wheat Field wind farm ($47.7 million) in Arlington, Oregon.
(Excerpt) Read more at uk.reuters.com ...
Canandaigua Power has a Hoover's record, but they don't give away free info anymore.
And apparently the Wheat Field wind farm will be operated by Horizon Wind Energy (http://www.horizonwind.com/home/)
Horizon is owned by EDP Renováveis S.A. (“EDPR”), a global leader in the renewable energy sector that designs, develops, manages and operates power plants that generate electricity using renewable energy sources. With a sound development pipeline, first class assets and market-leading operating capacity, EDPR has undergone exceptional development in recent years. Headquartered in Madrid, Spain, EDP Renováveis believes
Where ever this is in Texas, how many people could they possibly employ?
More green energy baloney and corruption with our tax dollars.
Hey I have this car engine idea that runs on salt water. Ya think I can get a million dollar grant?
send it to 0bama’s green czar commie fool idget he will get you the money Im sure.
CA:$1 Billion Carbon-Capture Plant Planned for the Central Valley
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