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08/01/2008 09:03 AM
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Clipper, BP Plan World's Largest Wind Farm
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Less than a year ago, the announcement of a new 150-megawatt (MW) wind farm was a big deal. But the wind industry has elevated to a new level, as companies are planning 1,000-plus megawatt wind farms to supply the nation's electric grid.
The most recent example is the 5,050-MW Titan wind project in sited in South Dakota.
Clipper Windpower Plc (CWP.L) announced yesterday that it has entered into a 50-50 joint venture, with BP Alternative Energy, a unit of BP (NYSE: BP), to develop the Titan wind project, which if completed, will be the world's largest wind facility--beating out the 4,000-MW project recently announced by T. Boone Pickens Mesa Power.
Clipper and BP will combine their 50:50 interests in a previously announced 1,550-MW South Dakota joint venture project together with a further 3,500 MW contiguous wind resource to form the expanded Titan project.
Clipper will provide up to 2,020 of its 2.5-MW Liberty wind turbines for the project, which will be completed in phases. The companies said development is already underway.
Website: http://www.clipperwind.com
