Wednesday, December 5, 2012

Norway’s First Wind Farm on Hold After Lack of Political Support


Dec 05, 2012 3:00 am ET

Dec. 5 (Bloomberg) -- Norway put development of its first planned offshore wind farm on hold until further notice, with the company involved citing a lack of political support, a setback in European efforts to boost renewable energy production.
“The necessary support for offshore wind from political leaders is absent,” causing wind power developer Vestavind Offshore AS to halt the construction of a 350-megawatt wind farm until further notice, Wenche Teigland, chairman of the board, said today on the company website.

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