03 Jun '11, 7pm

Giant California Wind Park Gets $110m Boost From Google And Citi

Giant California Wind Park Gets $110m Boost From Google And Citi

State officials hope a recent $110 million joint investment from Google and Citi will breathe some new life into California's struggling wind industry. Terra-Gen Power recieved $55 million from each company as a leveraged lease and will use the funding to expand capacity at the Alta Wind Energy Center (AWEC) wind farm in California's Tehachapi Mountains. Just a few years ago, turbines in California generated 90 percent of the world's wind power with thousands of hilltop turbines from Palm Springs to San Francisco. But permitting delays and expiring government incentives have caused California to lose its title as the world's capital for wind power, according to The Daily Hampshire Gazette. Thanks to the new funding, AWEC will someday have an ultimate capacity of 1.55GW -- double the capacity of the largest wind energy installation now operating in the US and large enough t...

Full article: http://www.care2.com/causes/environment/blog/google-and-c...

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