NANTUCKET, MA-The much anticipated Cape Wind project is finallya go. The US Interior Secretary Ken Salazar and Cape Wind PresidentJim Gordon signed the off-shore wind farm's first lease. The 130turbines will be erected on Horseshoe Shoal in Nantucket Sound.

The lease will last 25 years, which fits into the US Departmentof Energy's plan to install 54,000 megawatts of offshore wind powerin the US by 2030. That wattage would require roughly 100 similarlysized projects.

"This crucial milestone opens a new chapter of clean electricityproduction and a new source of jobs for our nation," says Gordon,in a statement. Cape Wind obtained Federal and State approval, aswell as a lease to operate on by the Federal government. It is thefirst project of its kind to receive this. Gordon predicts theproject will create hundreds of jobs.

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