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American stimulus funds benefiting foreign wind energy firms
CohoctonWindWatch
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11-2-2009 9:10 AM
51 views
tags:
alternative energy
,
environment
,
industrial wind
,
wind turbines
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/553aaa6e-d61f-4e52-8f2d-43f0559fcf45/91CE02D8-3B14-4223-A190-42F7C2A5DC0C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.grist.org/article/2009-10-30-american-stimulus-funds-benefiting-foreign-wind-energy-firms/" href="http://www.grist.org/article/2009-10-30-american-stimulus-funds-benefiting-foreign-wind-energy-firms/" style="font-size: 11px;">www.grist.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.grist.org/article/2009-10-30-american-stimulus-funds-benefiting-foreign-wind-energy-firms/"><P>The biggest developer of wind farms is still <A href="http://www.nexteraenergyresources.com/">NextEra Energy Resources</A>, a subsidiary of Florida Power & Light, but the Spanish firm <A href="http://www.iberdrolarenewables.us/">Iberdrola</A> is second. Foreign companies riddle the rest of the top ten. (Fascinating charts showing market share can be found on pages 14 and 15 of the American Wind Energy Association’s 2008 annual report.) Since the economic crisis of last fall, U.S. companies have pulled back their investment and foreign companies have charged ahead.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.grist.org/article/2009-10-30-american-stimulus-funds-benefiting-foreign-wind-energy-firms/"><P>Most interestingly, we found that the program, which is designed to reimburse companies for 30 percent of the cost of building a renewable energy facility, has given out $1.05 billion since Sept. 1. Almost all of it (91 percent) has gone to 11 wind farms (a mix of solar, geothermal and biomass projects collected the rest).</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/91CE02D8-3B14-4223-A190-42F7C2A5DC0C/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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