Offshore Wind Energy is Set to be Worth $20 Billion in 2010

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The offshore wind energy in Coastal North America and Great Lakes industry is set to be vast. With government backing, proven technology and massive financial rewards, you need to act fast if you want to claim your share.

Facts die lie: Washington's stimulus package includes roughly $70 billion in clean energy and another $20 billion in tax incentives for renewable energy sources. The Department of the Interior says, "We made the development of offshore wind energy a top priority. The technology is proven, effective and available and can create new jobs for Americans while reducing our expensive and dangerous dependence on foreign oil."

With the amount of investment being realized now, one New Jersey offshore wind project is eligible for up $19 million in state grants alone, the time is right now to make the strides necessary to push North America forward in the offshore wind energy sector.

Wind Energy Update are hosting the premier event of its kind in Toronto this October 21-22 with one aim only: provide all the information, gather all the right people, and highlight the investment opportunities to make sure that the offshore and Great Lakes regions around coastal North America are able to meet, and beat, their staggering wind energy generation potential.

The interest and support from various government offices has given a platform that includes Minister Donna Cansfield, the Minister of Natural Resources of the Ontario government.

The conference is being endorsed by the Great Lakes Wind Collaborative who will be providing speakers themselves to update the attendees on regulations and timelines, amongst other things.

Minister Donna Cansfield will be joined by over 25 speakers from operators, contractors and financial services organizations including AWS Truewind, Blue H Group, The Boundary Layer Wind Tunnel, Fogler, Rubinoff LLP, ESS Group, 3TIER Environmental Forecast Group and Dexia Crédit Local at the Offshore Wind Energy in Coastal North America & Great Lakes conference. As well as attendees from the likes of Gamesa, WeserWind GmbH Offshore Construction, Cal Dive International, Sgurr Energy, and many, many more.

For more details visit:

http://www.windenergyupdate.com/info/18

Contact:

Tom Evans
Director

Tel: +44 (0) 207 375 7247

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