Lake Erie wind project officials applaud new federal legislation to extend tax credit for offshore wind energy through 2025

Officials proposing to develop an offshore wind turbine demonstration project in Lake Erie are applauding new Congressional efforts to extend an existing tax credit for the offshore wind industry through 2025. The Lake Erie Energy Development Corp. (LEEDCo) said two pieces of legislation introduced this week, if passed into law, will help provide critical long-term stability to the US offshore wind industry that could lead to thousands of new jobs and billions of dollars in economic activity for Ohio alone.

Press Release

Personal View: Lake Erie wind project breaks the ice on energy innovation

Ironically, a city infamous for its river burning is in position to become a national leader in the clean wind energy revolution and set the tone for the future of the American renewable industry in the Midwest. With our recent agreement on construction and operation stipulations with staff of the Ohio Power Siting Board, we are one step closer to bringing new clean energy opportunity to Cleveland and ushering in a wave of Midwestern energy innovation.

Read more at Crain's Cleveland Business