Sods turned on 3000MB of wind Posted On: 2010-07-28 Posted by
Press Release
YESTERDAY, the Alta Wind Energy Center officially broke ground on the largest wind power project in the United States.
Situated in the Mojave Desert, the multibillion-dollar farm is about 75 miles north of Los Angeles.
According to experts, once completed, this 3000MW initiative could supply three times as much energy as the country’s largest existing wind farm, the Roscoe Wind Farm in Texas.
“It’s a super-mega-project — it’ll definitely set a precedent for the rest of the state and have a pretty large impact on the wind industry in general,” Billy Gamboa, a renewable energy analyst with the California Center for Sustainable Energy said.
Gamboa notes this project will affect the way the industry handles renewable energy financing.
New York-based Terra-Gen Power is a key player in the project with a $1.2bln stake in the five wind power projects across 9,000 acres that will eventually supply a total of 570MW of capacity.
The US lags behind other countries in its renewable energy operations, including energy powerhouse China, which exceeds the US in green energy investments by a cool $16bln.
Fresh off the heels of the Energy Bill’s demise, the Alta Wind Energy Center is just the first of lofty renewable investments to come.
