in News Departments > Projects & Contracts
print the content item

Interstate Power and Light Co. (IPL), a subsidiary of Alliant Energy Corp., has acquired a wind development site from Wind Capital Group.

The site, located in Franklin County, near Hampton, Iowa, has the potential to produce up to 200 MW of wind power. The acquisition represents IPL's first company-owned wind generation site.

According to IPL, it expects to invest approximately $360 million to $440 million by 2010. The company continues to explore various sites across its Iowa and Minnesota service areas for wind development opportunities and expects to begin construction on the first 100 MW of wind generation in 2009.

IPL is currently in negotiations with several wind turbine manufacturers to support the company's wind generation initiatives. The company expects to finalize a purchase agreement with the selected turbine manufacturer in the first half of 2008.

"Iowa now ranks third in the nation in wind energy production," says Gov. Chet Culver, D- Iowa. "When combined with our leadership in ethanol and biodiesel production, Iowa is the nation's undisputed renewable energy leader. With IPL's announcement, we further cement our position and demonstrate once again Iowa's commitment to renewable energy and to jobs in this growth industry."


Trachte Inc._id1770
Latest Top Stories

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965