This morning I spoke with Stuart Varney and Company about the Cape Wind project.
Cape Wind is proposing America's first offshore wind farm on Horseshoe Shoal in Nantucket Sound. Miles from the nearest shore, 130 wind turbines will harness the wind to produce up to 420 megawatts of clean, renewable energy.
The developer has sealed a deal with the utility National Grid for half its power, but is still seeking a buyer for the other half.
Here is the video:
If the player doesn't work in your browser, here is a link to the video:
GS on FOX Biz