BHL Bogen

BHL Bogen
BridgehouseLaw LLP - Your Business Law Firm

Monday, April 16, 2012

Green Wind and Solar for North Carolina

North Carolina is attracting green energy investment from Apple. The state is also setting itself up as a hub for the wind industry sector. The newest green developments we can report on are thanks to Baldor Electric Co. and NxGen Power.

Baldor is planning a $17 million plant to manufacture motors capable of powering wind turbines by 2013. According to a 2011 census, North Carolina has more than 40 companies that manufacture products for the wind power industry; however, Baldor's plant will be the first for utility scale wind turbines.

Charlotte based NxGen Power has plans to build a 4.5 MW solar farm in Raleigh for the city's Neuse River Waterwater Treatment Plant. The plant is expected to cost around $10 million. Construction is expected to commence in June or July.

(c) Picture: freedigitalphotos.net

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