Tim Croft wrote for the Star Thursday, Developer pulls out of energy center project
Citing an inability to secure financing Rentech, Inc., the developer of the Northwest Florida Renewable Energy Center has pulled out of the project.What project? Down at the fourth paragraph the article finally says:
…a 55 megawatt energy plant to be built in Port St. Joe.The article blames the economy, but that wasn’t all that did in Continue reading
The plant, as proposed, would produce steam to drive generators to produce electricity, the fuel source woody biomass, or forest residue. Progress Energy had an agreement in place to purchase electricity from the plant.