As uncertain as the future economy is, it's impressive to see a company like Clean Line Energy moving forward with it's $1.7 billion project that will run through the Quad-Cities.
Clean Line Energy recently announced a new investment partner, National Grid USA and a $40 million infusion of development capital. This is a sure sign that the leader in high voltage direct current system development sees the Rock Island Clean Line project as efficient and innovative.
Once built, this 3,500 MW transmission line will connect the powerful wind resources from western Iowa to the grid in Illinois. It will offer consumer savings, cut CO2 emissions, and provide power to over a million homes. Some would argue we don't need this now, but I say we need to be investing in all energy resources before we reach a crisis situation.
Clean Line energy is working hard for our future energy needs and we should welcome this project and support the investment in the Quad-Cities.
Today is Thursday, April 24, the 114th day of 2014. There are 251 days left in the year.
1864 -- 150 years ago: We learn that it is a contemplation to start a paper mill in Rock Island during the summer by a gentleman from the East. 1889 -- 125 years ago: The gates of Oklahoma were swung open at noon today, and a throng of more than 30,000 settlers started over its soil. 1914 -- 100 years ago: The Iowa Coliseum Co. was incorporated with $40,000 capital and planned a building on 4th Street between Warren and Green streets in Davenport. 1939 -- 75 years ago: Plans are being discussed for resurfacing the streets in the entire downtown district of Rock Island. 1964 -- 50 years ago: Some 45 jobs will be created at J.I. Case Co.'s Rock Island plant in a expansion of operations announced yesterday afternoon at the firm's headquarters in Racine, Wis. 1989 -- 25 years ago: Gardeners and farmers cheered, but not all Quad-Citians found joy Saturday as more than an inch of rain fell on the area. Motorists faced dangerous, rain-slick roads as the water activated grease and grime that had built up during dry weather.