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$2 Billion Wind Turbine Order Sets Record
Texas oil man T. Boone Pickens has placed a massive order for wind turbines, a big step toward building the world’s largest wind farm in the Lone Star State. Pickens Mesa Power LLP announced that it ordered 667 turbines from GE for about $2 billion. That will produce 1,000 megawatts of power, enough to power about 300,000 homes.
And it’s just a fraction of the turbines Pickens plans near his ranch in Pampa. By 2014, Mr. Pickens wants to have 4,000 megawatts of windmills turning in a $10 billion to $12 billion project.
"We want to make Pampa the wind capital of the world," Pickens said.