Or is this the Shell artical? Greg H.
----- Original Message ----- From: "Tom Gray" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Monday, May 20, 2002 12:48 Subject: [green-energy-options] Shell WindEnergy Release from PR Newswire > Shell WindEnergy Enters California With 41 MW Acquisition > PR News Wire -- May 17, 2002 > > LONDON, May 17 /PRNewswire/ -- Shell Renewables has made its first move into > the California wind energy market. The company's US wind energy operation, > Shell WindEnergy Inc., has signed an agreement to acquire the 41 megawatt > (MW) Cabazon Pass wind park in the San Gorgonio Pass area, west of Palm > Springs. The acquisition brings Shell WindEnergy's capacity in the US to 171 > MW and is a key component of the company's aim to become a leading player in > the wind sector. > > The Cabazon Pass wind park will be built by Cannon Power Corporation, with > 62 Vestas 660 kilowatt turbines, and is scheduled to begin generating > electricity by the end of August 2002. The electricity will be sold under a > power purchase agreement to the California Department of Water Resources. > > California pioneered wind development in the US, being the first state to > develop large-scale wind parks in the early 1980s. 90% of the installed wind > capacity is spread across four states in the US with 50% in California. The > San Gorgonio Pass has over 1,300 turbines installed, generating 420 MW. > > "This deal gives us a stake in the San Gorgonio Pass which is considered to > be one of the best areas in the US for wind energy development," said David > Jones, Chairman of Shell WindEnergy Inc. "Combined with our existing wind > parks we are demonstrating our commitment to being a major player in the US > wind sector. At the same time we're building up a strong team of people > based in the US and Europe, who are busy negotiating deals and scouring our > chosen markets for attractive business opportunities." > > Gerry Monkhouse, Chairman of Cannon Power, said: "Cannon Power has > developed, constructed, owned and operated wind energy projects in the US > and Europe since the early 1980s. It is a challenging business and I'm > pleased to see a major company of Shell's stature enter the arena, > especially in the California market. Our teams enjoyed working together on > the Cabazon Pass project and in my judgment Shell will quickly become a > major presence in the international wind energy industry." > > Shell's interest in the wind power value chain spans origination, > development, financing, construction and operation of wind parks. Europe and > North America are the principal areas of focus, targeting both established > wind markets (e.g. US, UK, the Netherlands, Spain, Portugal and Italy) and > emerging wind energy markets. > > Overall, more than 3,000 MW of wind energy projects are currently being > developed or evaluated by Shell in the US and Europe. Shell WindEnergy > operates two other wind parks in the US - Rock River 1 (50MW) in Wyoming and > White Deer ( 80MW) in Texas. > > /CONTACT: Michael McGarry, Media Relations for Shell WindEnergy Inc., +1- > 212-218-3107/ > > 10:20 EDT > Copyright © 2002 > > > > > > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ > > ------------------------ Yahoo! Groups Sponsor ---------------------~--> Kwick Pick opens locked car doors, front doors, drawers, briefcases, padlocks, and more. On sale now! http://us.click.yahoo.com/ehaLqB/Fg5DAA/Ey.GAA/FGYolB/TM ---------------------------------------------------------------------~-> Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send "unsubscribe" messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
