Wednesday, March 31, 2010

Xcel to Buy Power from RES Americas’ Planned NE Colorado Wind Farm

A new wind farm will be built by a Colorado company (Renewable Energy Systems Americas, Inc.) and will reside in Eastern Colorado. The company also signed a 20-year deal with Xcel Energy to buy 252 megawatts of clean wind power from the farm. I have a hunch that this deal was inked in response to the recent increase in Colorado's renewable energy standard, which requires Xcel Energy to acquire 30% of their electricity from renewable sources by 2020. Oh and this wind farm will create 200 jobs and will staff about 12 people once in operation. How cool is that?

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