Renewable Energy Solar Energy Wind Energy Geothermal Energy Bioenergy Hydropower

Clipper Supplies 67 MW of Wind Turbines for Mexican Project

November 30, 2009 | 2 Comments

Do you like this news?

Bookmark

Feed

Washington, D.C., United States [RenewableEnergyWorld.com] Clipper Windpower Inc. is in the process of exporting 27 2.5-megawatt (MW) wind turbines to Mexico, backed by a US $80.66 million direct loan from the Export-Import Bank of the United States (Ex-Im Bank). It is the first export of Clipper's wind technology outside of the United States. It also is the first Ex-Im Bank project financing for a wind power transaction, and the first large U.S. wind technology sale in Latin America.

Electrica del Valle de Mexico (EVM) is using Clipper’s equipment to build a 67.5-megawatt wind farm at La Ventosa-La Mata in Oaxaca, Mexico. The area is one of the world’s best wind resources with average wind speeds of 12 meters-per-second, and a total estimated wind resource of 6,000 megawatts. EVM is owned by France’s EDF Energies Nouvelles.

“This transaction furthers two of Ex-Im Bank’s highest priorities – creating and sustaining U.S. jobs and helping American manufacturers produce renewable energy and other green technologies for the world,” said Fred Hochberg, Ex-Im Bank's chairman and president.

Clipper’s wind turbines are assembled in facilities in Cedar Rapids, Iowa. The company also has operations throughout the country, from California to Colorado to Massachusetts.

The Oaxaca project is expected to become operational in December 2009. It will deliver electrical energy under 15-year self-supply agreements to four subsidiaries of Wal-Mart de Mexico S.A.B. de C.V.

Wind Power

2 Reader Comments

Comment
1 of 2

mjamesjtek

December 1, 2009

I would think it worthwhile to mention that Clipper buys it's generators from Potencia Industrial in Mexico and has for years. This type of thing generally helps facilitate imports into Mexico.

Comment
2 of 2

jonathan-chance-166185

December 2, 2009

The wrong way to do the right thing.

Why should taxpayers subsidize private corporations?

Legitimate governments should serve the public by promoting a free and fair market:

JPChance.wordpress.com

Add Your Comment

Registered users, please make sure to Sign-In. We and others want to know your ideas and opinions. If you are not yet Registered -- it's quick and easy. Just click below.
Thanks!