HONG KONG Oct 30 Chinese wind turbine
manufacturer A-Power Energy Geneneration Systems APWR.O said it
was building along with U.S. companies a $1.5 billion wind farm
project in West Texas.
Construction of the wind farm, one of the largest wind
development projects in the United States, would be funded by
Chinese banks, the company said in a joint statement.
Policies supporting the environment are boosting clean energy
investment in the United States, with U.S. President Barack Obama
earlier this year pushing for the American Recovery and
Reinvestment Act of 2009 to promote innovation and investment in
The wind farm project will have a capacity of 600 megawatts,
enough to supply electricity to 180,000 Texas homes.
A-Power, China's largest provider of distributed power
generation systems in China, is supplying the wind turbines for
the project, the company said, with delivery expected in March
A-Power's partners in the project are U.S. Renewable Energy
Group, an asset management firm, and Cielo Wind Power, a wind
developer based in Austin, Texas.
The companies will be developing the wind farm across 36,000
acres, with the project expected to create hundreds of jobs, it
(Reporting by Leonora Walet; Editing by Jonathan Hopfner)