ABB_id2059
in News Departments > FYI
print the content item

Outland Renewable Energy LLC, a Chaska, Minn.-based developer, owner and operator of renewable energy projects, has committed $120,000 to Central Montana Renewable Energy LLC, a new private company managed by a board of governors made up of local investors and representatives of Outland.

Central Montana Renewable Energy was formed to develop one or more local utility-scale wind farms in Park, Meagher, Gallatin and Sweet Grass counties, Mont. According to Outland, members of Central Montana Renewable Energy believe that they can develop multiple sites in the four-county area - ultimately developing 400 to 500 MW at various locations over the next five to 10 years. The initial project will focus on a wind project in Western Park County, where discussions with area landowners are underway.

Outland's ultimate goal is to raise approximately $750,000 from area residents over time to support this private development effort, the company says. Preliminary wind analyses rate the wind regime in this area in the top 2% of developable property in the country today, Outland adds. The company anticipates being ready to begin development as early as fall 2007.


Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.


Utilities Deal "Near-Fatal" Blow To Cape Wind: UPDATED

Despite its remarkable resiliency, could this latest setback mean the end for the controversial offshore wind farm?

Hybrid Energy Innovations 2015