Mich. House OKs tax breaks for former Ford plant

Source: msnmoney.com

LANSING, Mich. (AP) - The Michigan House has approved tax breaks for two alternative energy companies that plan to buy a closed Ford Motor Co. factory near Detroit and convert it into the country's largest renewable energy park.

The measure passed 90-17 on Wednesday. It now goes to the Senate.

Xtreme Power of Kyle, Texas, and Clairvoyant Energy of Santa Barbara, Calif., have said that if state tax incentives and federal loans are approved, they'll purchase and refurbish the sprawling 320-acre Wixom Assembly Plant 25 miles northwest of Detroit.

The plant was closed in 2007 as part of Ford's restructuring after churning out cars for 50 years. The park could employ at least 2,800 workers building storage batteries, solar panels and possibly wind turbines.





Read more: http://news.moneycentral.msn.com/ticker/article.aspx?Feed=AP&Date=20090902&ID=10359880&Symbol=F

Hopefully it doesn't get stuck in the Senate like things tend to do.

All those decades of engineering and manufacturing expertise in Detroit can have a future - a green energy future.

Wind turbines and solar panels, all made in the USA (hopefully, with union labor).

Detroit should be the green energy capital of the world!

http://www.xtremepowersolutions.com/

http://www.bizjournals.com/austin/stories/2009/08/24/daily33.html

"Xtreme develops batteries, electronics and control systems comprising hardware and software. Its initial projects involve storing electricity generated by wind turbines. The company has roughly 100 employees and has collected a total of more than $20 million since its launch in 2004."


http://www.clairvoyantenergy.com/index.html

Clairvoyant seems to be tied up with GM/Opel in Zaragosa, Spain.

Neither is a public corporation, and they both look like small players. Hold on to your wallets, Michiganders.

Here in Michigan, there ain't nothing in our wallets :shrug:

benefit of the doubt goes to their cause, but always good to keep an eye on those that would jump on the train heading to Renewable Energyville only to take advantage of political winds. More power to those that are doing their part to make the shift to renewables!!!!

thanks for posting