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 Monday, March 10, the 69th day of 2014. There are 296 days left in the year. 1864 -- 150 years ago: Numerous counterfeiters are around, taking advantage of the influx of currency to pass their worthless trash. 1889 -- 125 years ago: J.J. Reimers, secretary and treasurer of the Rock Island Lumber and Manufacturing Co., on behalf of that firm, contributed $500 toward construction of a new Methodist church. 1914 -- 100 years ago: Samuel Ryerson, county recorder, was re-elected president of the 19th District of Knights of Pythias. 1939 -- 75 years ago: Three condemnation suits have been filed by the city of Rock Island to acquire property needed for an approach to the Rock Island-Davenport bridge, which has been under construction since March 6. 1964 -- 50 years ago: Plans for an eight-story Sheraton Inn in downtown Rock Island were announced today at a luncheon meeting at the Gay Nineties sponsored by the Rock Island Chamber of Commerce. Cost of the structure is estimated at $2.5 million. 1989 -- 25 years ago: Representatives of the Hardee's Golf Classic and tournament sponsor Hardee's Food Systems may meet next week with PGA Tour Commissioner Deane Beman to discuss a possible change in the tournament dates.