US Wind Power Sector Blowing Strong
Posted by Srikant Rajan | # |
12:41:03 pm on August 9, 2008

The first wind farm to be constructed in Arizona has already found buyers of its power yet to be produced.The Dry Lake Wind Project , being built by Iberdrola Renewable’s has entered  into agreement with Salt River Project (SRP), according to which SRP would purchase 100% of power generated by this wind farm.The contract also give SRP an option to buy additional power in case of capacity expansion.

SRP’s optimistic estimation of power demand is partly governed by strong business sense .The existing transmission line in Arizona are in proximity with the proposed wind farm,which would save a significant amount of additional construction for building up transmission capabilities.And Iberdrola seems to have got right its market estimate regarding wind power viability . It had recently signed up with GE for delivery of 200 wind turbines .Judging by the present demand ,  Iberdrola  would find good use for all 200 of the wind turbines.

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