Wind Power Startup Studies Hurricane Ike

Lee, Michael
September 2008
Red Herring;9/12/2008, p7
Trade Publication
The article focuses on the effort of Wind Energy Systems Technologies to analyze the real conditions of Hurricane Ike in Houston, Texas. The company is monitoring the activity of the hurricane in Gulf Coast region to analyze its effect on wind turbines. In 2005, the company unveiled its plan to build an offshore wind farm in the coast of Galveston. Meanwhile, private equity firm Blackstone pledged a $1.6 billion investment for a German wind-related project in the North Sea.


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