Mainebiz reports on offshore wind industry legislation

Habib Dagher, executive director of the University of Maine Advanced Structures and Composites Center, was included in a Mainebiz article about legislation introduced by Sens. Susan Collins and Tom Carper to create financial incentives to spur the country’s emerging offshore wind industry. The Incentivizing Offshore Wind Power Act would create an investment tax credit redeemable for the first 3,000 megawatts of offshore wind facilities placed into service, amounting to approximately 600 wind turbines, according to the article. “Maine is a leader in the emerging offshore wind industry, which holds great potential for the future of clean energy and the creation of good jobs,” Collins said in a media release. “By giving private sector companies the certainty they need, our legislation will help accelerate the development of this promising industry in America and create a new, sustainable source of domestic power.” Offshore wind energy has the potential to power every home, school and business from Florida to Maine with clean, renewable energy, Carper said. “Making smart investments to move us closer to energy independence is a win-win-win for our economy, our security, our health and our planet.”