Wind Power Farm - Yenra

GE boosts its renewable energy portfolio by investing in twenty-five turbine fifty-megawatt project near San Diego

Sunrise Over a Wind Farm
Sunrise Over a Wind Farm: Picture a breathtaking scene of a wind farm at sunrise. The early morning light casts a golden hue over the landscape, illuminating rows of towering wind turbines. The turbines' blades rotate slowly against a backdrop of a brightly colored sky. In the foreground, a group of engineers are inspecting a turbine, symbolizing the harmony of technology and nature.

A wind power farm, also referred to as a wind farm or wind park, is a group of multiple wind turbines installed in the same location to generate electricity from wind power.

Overall, clustering numerous wind turbines over sprawling acres of high wind sites allows effective large scale conversion of wind into renewable electricity fed into the utility grid.

Wind FarmIn 2005, electricity from the largest wind power farm on Indian land began flowing into California's power-hungry grid because of a partnership between project sponsor Babcock & Brown and GE Energy Financial Services. Energy Financial Services invested $51 million in the 50-megawatt Kumeyaay Wind project near San Diego.

The wind farm comprises twenty-five turbines that each can generate two megawatts of electricity. After eight months of construction and a month of testing, the turbines are feeding power into the San Diego Gas & Electric grid from the Campo Indian Reservation atop the Tecate Divide. Babcock & Brown has six wind facilities in the United States that will go into service by year's end.

"The Kumeyaay project represents significant growth of our already sizeable renewable energy portfolio. Consistent with GE's ecomagination initiative, it builds on our investments earlier this year in seven German wind farms, and continues our productive relationship with Babcock & Brown," said Alex Urquhart of GE Energy Financial Services.

Ecomagination is GE's commitment to expand its portfolio of cleaner energy products while reducing its own greenhouse gas emissions.

"For us, this transaction is consistent with our strategy of working with investment partners to expand in the rapidly growing wind energy sector, particularly in the United States and also continues our long and successful relationship with GE in power," said Hunter Armistead of Babcock & Brown.

For the Campo tribe, the wind farm diversifies its income from the lease of the land beneath the turbines.

The Kumeyaay Wind farm annually will produce power sufficient for about 30,000 homes and will save approximately 110,000 tons a year in greenhouse gas emissions, compared with equivalent fossil fuel generation. It will help San Diego Gas & Electric meet its target of supplying at least 20 percent of its customers' electricity from renewable sources by 2010.

The transaction is the second renewable energy investment in San Diego County by GE Energy Financial Services this year. The first was an investment in solar roofs covering public schools.