Jan 30 2011
Pavilion Energy Resources, a joint venture with an Idaho-based wind farm developer, has laid foundations for the first wind turbine on a 3,000-acre wind farm facility close to Pocatello, Idaho.
The company’s joint venture collaborators in Idaho have taken significant steps for the development of the wind power farm, which could be the world’s first farm using innovative accelerator wind turbines.
Idaho partners, LA Wind are accountable for financing the 80-MW wind power farm and a potential line-up predicted to generate 5,000 MW ultimately. The 30% extension of federal capital grant for renewable power proposals is an indication that funding these green projects is highly profitable for investors.
The extensive implementation of lower-cost accelerating wind turbines along with low-cost pumped hydro systems to stock intermittent energy will reduce the renewable wind power cost as low as power produced by gas and coal. More groundbreaking wind power proposals are in the process in various countries. Pavilion Energy Resources expects the completion of company-transforming funding as soon as possible so that it could improve stockholder value considerably.