Denver-based wind energy company NACEL Energy Corp. has entered into two long-term wind development rights agreements covering an aggregate of 1,573 acres of farm land in Swisher County, Texas. At project build-out, NACEL Energy anticipates at least 20 MW of power-generating capacity from Swisher.
Collection of site-specific wind data has commenced at Swisher with the installation of a 200-foot NRG Systems meteorological tower transmitting data back to NACEL Energy, via an Iridium satellite uplink.
While wind data is collected, additional important development milestones must be achieved by the company, including, interconnection engineering, wind turbine engineering and obtaining turbine debt financing. Project commissioning at Swisher is not expected until at least the end of the company's fiscal 2009-2010 year.
SOURCE: NACEL Energy Corp.