Iberdrola Gets Bulk Of Federal Wind, Solar Grants

September 2009
Energy Daily;9/2/2009, p3
This article reports that the Obama administration has awarded 502 million dollars to 11 wind and solar energy projects. The awards were intended to boost financing for struggling renewable energy industry. U.S. Energy Department Secretary Steven Chu and Treasury Secretary Timothy Geithner disclosed that the cash grants would allow construction to proceed for solar and wind farms. The Spanish energy firm Iberdrola Renewables Inc. received about 295 million dollars for wind farms in four states.


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