Monday, May 21, 2007

May 18 - M&C.com - Costs of wind projects are not very transparent, but the industry insists that prices and investments are increasing along with the size of the global market.

The average price of a turbine is calculated by kilowatt of electricity produced. A turbine costs about $1,000 per kilowatt, according to the Danish Wind Industry Association.

Big investors are looking to smaller projects or groups of small projects bundled together. Previously, it was only projects that had already been approved or were under construction that received funding from large investors, but over the last two years projects in earlier stages have been getting more attention. When a small developer is trying to get a project going, siting can cost $500,000 to $600,000, and investment at an earlier stage is important. Read More.

No comments: