E Wind eyes Hyundai for Wisconsin project turbines

Wisconsin regulators have approved plans by startup company E Wind to build a 30 megawatt wind farm northeast of the state capital of Madison costing $60m. Talks are underway to buy 18 turbines from Hyundai Heavy Industries, E Wind tells Recharge.

If the deal is finalized, it would represent the largest known US order thus far for South Korea’s Hyundai Heavy.

Wes Slaymaker, who heads a company that provides engineering services for the wind industry and is a partner in E Wind, says the next project step is to negotiate a long-term power purchase agreement with a utility.

“This is our biggest challenge because electricity prices and demand are soft,” he says in a telephone interview. “Utilities are not excited about buying more power at the moment.”

Even so, they must comply with Wisconsin’s renewable…

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