New York utility regulators Wednesday approved of Noble Environmental Power LLC’s proposed 108-megawatts wind farm in Chateaugay, New York.
A spokeswoman for the project said the company hoped to start construction in early 2008 and complete the project by the end of 2008.
She could not say how much it would cost to construct the wind farm.
Energy sources estimated the project would cost over $200 million to build.
In a release, the New York State Public Service Commission said Noble plans to build 72 wind turbines at Chateaugay, each rated at 1.5 MW.
One megawatt powers about 800 homes in New York.
Chateaugay is located in Franklin County about 200 miles
north of Albany, near the New York-Quebec border.
The company proposed to build the 390-foot tall monopole wind turbines in a random arrangement across the eastern and central portions of the town.
The developer has estimated the project would provide economic benefits of $152.9 million over 20 years.
Noble has said it plans to sell the power into the New York power market. It will also sell renewable energy credits to green energy marketers, the New York State Energy Research and Development Authority or others.
The Chateaugay wind farm will connect to a new substation under construction on a 7.34-acre parcel, which will tie into the existing 230-kilovolt New York Power Authority Plattsburgh-Willis transmission line.
Noble, of Essex, Connecticut, has more than 4,000 MW of renewable energy under development throughout the United States. It is majority owned by JP Morgan Partners, a private equity arm of JPMorgan Chase & Co.
(Reporting by Scott DiSavino; Editing by Marguerita Choy)
7 November 2007
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