West Fargo mayor featured in New York Times report on wind energy
WEST FARGO - West Fargo Mayor Rich Mattern is featured in a story in today's edition of The New York Times titled "Dark Days for Green Energy."
In the story, Mattern talks about the city's plans for wind energy, despite the nation's credit crisis.
DMI Industries of Fargo operates a West Fargo plant that makes towers for wind turbines.
"Though the flat Dakotas are among the best places in the world for wind farms, DMI recently announced a cut of about 20 percent of its work force because of falling sales," reports The New York Times.
"I thought if there was any industry that was bulletproof, it was that industry," Mattern told The Times.
The story explains that much of the problem stems from the credit crisis that has left Wall Street banks reeling. The number of big banks and financial institutions willing to help finance installation of wind turbines and solar arrays has dropped from 18 to four, Keith Martin, a tax and project specialist with the law firm Chadbourne & Parke, told The Times.
Yet Mattern is optimistic.
"You drive across the countryside and there's more and more wind farms going up. I still have big hopes," he told The Times.