Per press release, edited slightly:
Mesa Power LLP, a company created by T. Boone Pickens, has placed an order with General Electric to purchase 667, 1.5 megawatt wind turbines for the worlds largest wind farm, capable of generating 1,000 megawatts, nameplate, of electricity, enough to power more than 300,000 average U.S. homes. The order is part of the $2 billion first phase, see previous post, of the Pampa Wind Project planned in the Texas panhandle by Mesa.
When all the phases of the project are completed it will become the world's largest wind energy project, with more than 4,000 megawatts, nameplate, of installed capacity. When completed, projected to be in 2014, the wind farm will be five times as big as the nation's current largest wind power project, now producing 736 megawatts.
Pickens said he expects that first phase of the project will cost about $2 billion. When complete, the Pampa Wind Project will cover some 400,000 acres in the Texas Panhandle.
Pickens envisions that large scale renewable energy projects like his Pampa Wind Project will permit the United States to become less dependent on foreign oil. Large scale renewable energy projects such as this are difficult to execute because they rely upon the Federal Production Tax Credit, which provides incentives for development of renewable energy. However, large scale renewable energy projects require commitments years in advance, while Congress has only extended the Production Tax Credit one or two years at a time.