Category:
Texas and Asia
Jobs question jeopardizes wind farm's stimulus deal
November 4, 2009 by Tom Zeller Jr. and Keith Bradsher in New York Times
November 4, 2009 by Tom Zeller Jr. and Keith Bradsher in New York Times
News that $450 million in federal stimulus money might go toward installing Chinese-made wind turbines in Texas prompted criticism on Thursday, with Senator Charles E. Schumer, Democrat of New York, calling on the Obama administration to deny federal financing.
According to partners in the deal, the proposed 600-megawatt wind farm, announced late last week, would be built on 36,000 acres in West Texas using 240 wind turbines manufactured by A-Power Energy Generation Systems of Shenyang, China.
Also filed under [
Tax Breaks & Subsidies|
USA]
China to supply turbines and funding for $1.5bn Texas wind farm
October 30, 2009 by Yvonne Chan in BusinessGreen
October 30, 2009 by Yvonne Chan in BusinessGreen
A Sino-US consortium yesterday announced plans for a US$1.5 billion, 600MW wind farm in Texas, with China supplying all the turbines and most of the funding.
The 36,000-acre wind farm ...is a joint venture between state-backed Chinese firm Shenyang Power Group, US wind farm developer Cielo Wind Power and private equity firm US Renewable Energy Group.
Most of the funding for the project will come from Chinese banks, with loan guarantees and grants provided by the US federal government's economic stimulus package.
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