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Feds give Chinese-backed firm $47 million to build wind farm N.J. doesn’t want 

Credit:  By Douglas Ernst | The Washington Times | May 7, 2014 | www.washingtontimes.com ~~

New Jersey regulators rejected a Chinese-backed windmill project twice, but that didn’t stop the Department of Energy.

The federal government has awarded $47 million to sweeten the deal for a $188 million project the Garden State has deemed too risky for ratepayers.

Fishermen’s Energy wants to install five windmills off the coast of Atlantic City. Its leadership hopes the infusion of cash will sway the New Jersey Board of Public Utilities, which up until this point has not been receptive to the project.

“Fishermen’s is confident that the New Jersey Board of Public Utilities will recognize the vetting by the DOE of the project, and will now engage with Fishermen’s to finalize our … application so the project can proceed expeditiously,” said Chris Wissemann, the company’s CEO, the Associated Press reported.

Greg Reinert, a spokesman for the New Jersey utilities board, declined to offer much for AP’s story, aside from noting that Fishermen’s Energy is appealing the project’s most recent denial in court.

The New Jersey Board of Public Utilities concluded in April that the Chinese company did not demonstrate financial integrity.

Source:  By Douglas Ernst | The Washington Times | May 7, 2014 | www.washingtontimes.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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