DOE Provides $45M for Wind Turbine Test Facility

Nov 29 2009 | 8:28pm ET

The U.S. Department of Energy (DOE) will provide South Carolina’s Clemson University with up to $45 million for a wind energy test facility for utility-scale wind turbines.

Announcing the funding – which will be awarded under the American Recovery and Reinvestment Act – Energy Secretary Steven Chu said the U.S. was “at the beginning of a new Industrial Revolution when it comes to clean energy and projects like these will help us get there faster.”

The Large Wind Turbine Drivetrain Testing facility will allow testing of large-scale turbine drivetrain systems. Wind turbines have been gradually increasing in size, and are now too big for existing testing facilities in the United States.

The new facility will be located at the Charleston Naval Complex, a former Navy base in North Charleston, S.C. and will be a part of the Clemson University Restoration Institute campus.  The test facility will operate as a non-profit organization with a business model designed for sustainability while providing ongoing state-of-the-art testing to wind turbine manufacturers.

The facility will feature power analysis equipment capable of performing highly accelerated life testing of land-based and offshore wind turbine drive systems rated at 5-15 megawatts (MW).


In Depth

JOBS Act Propels Real-Estate Crowdfunding Platform

Oct 21 2014 | 2:57am ET

If D.J. Paul were a real estate development, he would be described as “multi-use...

Lifestyle

Balyasny Pays Over $6M For Lakefront House

Oct 22 2014 | 10:29am ET

A venture headed by hedge fund manager Dmitry Balyasny just paid $6.2 million for...

Guest Contributor

Hedge Funds Weather A Data Management Perfect Storm

Oct 22 2014 | 12:28pm ET

From a regulatory standpoint, nearly every development since the crisis has placed...

 

Videos

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.