The United States is about 20 years behind Europe as far as developing offshore wind power technology but as Massachusetts Gov. Deval Patrick said this morning, the state is on track to multiply it's wind-generated power usage by the end of this year after the U.S. approved its first offshore wind farm.

Federal regulators approved a permit for the nation's first offshore wind farm off the coast of Cape Cod, Massachussetts.

The decision for the 130-turbine farm, to be led by Cape Wind Associates, comes after nine years of review, and is a $1 billion shot in the arm to the American offshore wind industry.

We applaud this giant leap for the U.S. Clean Technology sector and hope to see more!

Click here to read more.