The construction of a $500 million Idaho Wind project, which is expected to transform the parched farmland into a terrain that yields clean energy power and a number of jobs, was formally inaugurated by Governor C.L. Butch Otter recently.
The project drew non-managing equity interests from Atlantic Power, GE Energy Financial Services and project developer Exergy Development group and the managing member of equity interest from Reunion Power which also serves as project manager.
The 183 MW wind project conceived, designed and organized by Exergy Development will incorporate 122 numbers of 1.5 MW wind turbines manufactured by GE in all its 11 wind farms spread over an area of 10,000 acres of arid and semi arid farmland located in Magic Valley, Idaho. The project is expected to create over 2,200 full time jobs for a year and 25 permanent jobs. The wind energy developed by the farm will provide enough electric power to cover 39,700 average households in Idaho and prevent generation of approximately 331,000 short tons of greenhouse gas emissions in a year. GE will continue to provide operational and maintenance services for the wind farm after its commissioning.
The wind farm set to open in a year’s time will sell all its produced power to Idaho Power Company under a 20 year purchase agreement. On completion of the project, the wind farm will become eligible to receive federal treasury grants meant for encouraging renewable energy projects.