Torch Renewable Energy, a Texas-based company, was planning on backing a large wind and solar plant in Newport, North Carolina. However, Torch has since backed out of the plans to develop the area.
The Mill Pond Wind Project was to be a brand new project to help provide power to the state, but the county ordinance that is needed to make sure the building of the plant could go forward did not seem to be in the cards for Torch.
The problem with the Tall Building Ordinance is that it would likely interfere with military activities in the area. As a result, Torch believes that it should not continue with a plan that is not likely to get local approval.
While the local area is putting a moratorium on issuing ordinances to energy companies, everyone is left to wonder if wind and solar power will ever return to Newport.
Posted in Energy News and tagged Renewable Energy, Wind Project by admin with .