The Iowa Power Fund Board has awarded over $3 million in grant funding to Acciona Windpower North America LLC for a project to install the company's AW-3000 3 MW wind turbines in Iowa. Acciona will leverage over $16 million in matching funds to bring the total project cost to over $19.9 million.
Acciona will build two test turbines – one on a concrete tower and the other on a steel tower.
Grant funds will assist in the commercialization of these test turbines at the Cedar County, Iowa, site. Tower construction is scheduled to start in late summer of this year, with project completion expected by spring 2012.
Following commercialization of the technology, Acciona will manufacture the AW-3000 family of wind turbines in Iowa to be sold in North America, and will maximize its West Branch plant operations and employees for production.
SOURCE: The Iowa Power Fund Board
