Project Development, Wind Power

Irish Wind Power Crosses the Pond

December 10, 2003 [SolarAccess.com] Despite an anticipated downturn next year in U.S. wind farm installations due to an expired tax credit, Airtricity, an Irish wind energy firm, has formed its first joint venture in the U.S. and hopes to produce 300 MW of power from four new sites in the Midwest. Airtricity is forming a 50/50 joint venture with Ridgeline Energy, a renewable energy developer active in the Pacific Northwest. The two firms will develop wind energy projects using Ridgeline’s land bank. The joint company will be known as Ridgeline Airtricity Ltd. Four sites will be used for the wind farms – one in Utah and the others in Idaho. The companies aim to sign a power purchase agreement with a major utility within the next six months. Airtricity is currently developing several projects in the Republic. One of the biggest is the Arklow Bank project off the coast of Co Wicklow. Other Airtricity windfarms are operating in Cavan, Sligo and Donegal.