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http://www.dailykos.com/storyonly/2005/7/13/11131/3919

A loose group was created following that (including nb41 who had a potential project in upstate NY), but one of the lawyers that had volunteered to help out on securities rules disappeared, and other things ended up keeping me busy.

What you need to know:
1 turbine = 2MW = 3MEUR
Debt used to be able to fund 90% of that, but it might be less now in today's environment (and I don't even know if that 90% figure is correct for small projects) - which means finding at least 300,000 EUR.

In some countries, you have tax deductions and other mechanisms to lower the capital needed, but we're still talking real money for individuals.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Nov 11th, 2008 at 12:15:18 PM EST
[ Parent ]
OK I've finally gotten to read your 2005 diary and now realise you had almost exactly the same idea over 3 years ago.  With the much greater DKOS readership you also got  c. $500K in preliminary pledges or expressions of interest.  Impressive.

Obviously we need to learn from that project and why it didn't happen - lack of legal expertise - seems to have been the reason.  So obviously we would have to target any ET project to a country where we do have the required expertise/potential partners.

Otherwise I'm surprised that our ideas are so similar - no I hadn't seen your diary until now!  When you get the chance perhaps you could update us on what has changed since 2005 and where you think the most promising partners/jurisdictions might be.

So far we seem to be at c. 40K here with only a few people responding to date.  I will add a poll to the diary to allow people do declare expressions of interest anonymously.

notes from no w here

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Tue Nov 11th, 2008 at 04:31:23 PM EST
[ Parent ]

 The project in upstate New York is completed - Steel Winds in Lackawanna - a square mile of steel slag was poured into Lake Erie over the last century and now it's got turbines on it. They are Clipper Liberty 2.5mw units and they had gearbox problems but I saw them happily spinning a few weeks ago.

http://www.steelwinds.com/steelwinds/

by SacredCowTipper (sct@strandedwind.org) on Fri Nov 14th, 2008 at 11:32:01 AM EST
[ Parent ]

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