Wednesday, November 04, 2009
Chinese-Made Turbines to Fill U.S. Wind Farm - WSJ.com
Do you see anything you like here?...
In the Wall Street Journal, Rebecca Smith has these paragraphs and more:
"A Chinese wind-turbine company, with financing help from Beijing, has struck a deal to be the exclusive supplier to one of the largest wind-farm developments in the U.S., a sign of how Chinese firms are aggressively capitalizing on America's clean-energy push.
The 36,000-acre development in West Texas would receive $1.5 billion in financing through Export-Import Bank of China. Shenyang Power Group, a five-month-old alliance, would supply the project with 240 of its 2.5-megawatt wind turbines, among the biggest made in the world.
...
Cappy McGarr, managing partner of U.S. Renewable Energy Group, a private-equity firm that is lead partner on the 600-megawatt development, said the partnership would seek tax credits and support from the federal stimulus package, which should amount to millions of dollars. Mr. McGarr said the project should create 2,800 jobs -- of which 15% would be in the U.S. The rest would flow to China, where Shenyang employs 800 people."
