Cape Wind Releases Statement on Recent News of NSTAR Land-Based Wind Contracts (USA)

Business & Finance

Cape Wind Communications Director Mark Rodgers releases statement on news of NSTAR land-based wind contracts.

“Cape Wind, taken together with all of the planned land based wind and solar projects in the region, still do not satisfy the demand for clean energy in New England. NSTAR’s new contracts represent only a modest portion of the total quantity of clean power that will need to be purchased. We are pleased that our long term power purchase contract to sell half of our power to National Grid has been approved. We remain hopeful that the unique strengths of Cape Wind such as strong production during times of peak electric demand, a location that will provide power directly to eastern Massachusetts, and the creation of a thousand new local jobs will continue to make Cape Wind attractive to potential electricity buyers.”

[mappress]

Source: capewind, February 24, 2011