Juhl Wind Inc. has announced the recent completion and startup of the $1.8 million Woodstock Municipal wind system. Woodstock Municipal is a $1.8 million project utilizing a direct-drive, 750 kW EWT wind turbine.
The project secured long-term debt through First Farmers Bank of Pipestone, Minn., and has applied for a stimulus grant under the American Recovery and Reinvestment Act, which is expected to be obtained in the next 60 to 90 days.
Woodstock Municipal has a 20-year power purchase agreement with Xcel Energy. Juhl Wind provided full development, construction and startup services on the wind system. The company is also expected to provide long-term system administration and maintenance.
‘Woodstock Municipal was one of two wind farms we constructed in the past six months, and we are very pleased with how it has turned out,’ says Dan Juhl, chairman and CEO of Juhl Wind Inc. ‘While this is one of our smaller systems, it is representative of a niche in the market that we believe we can serve very effectively – wind farms and systems designed to serve local municipal authorities through a unique form of community-based, local ownership. In fact, we will soon announce a much larger project utilizing this structure.’
SOURCE: Juhl Wind Inc.