Date: 10/20/2009
Company: Southwest Windpower
Source: Los Angeles Times
Under a power purchase agreement, the wind development firm Deerpath Energy would own the turbines and Wal-Mart would buy the power they produce, Lundberg said.
Kellogg Warner, founder and chief executive of Deerpath Energy, said Sam’s Club can expect to save 5% on energy bills, “depending on how the wind is blowing.”
The Sam’s Club project would be the Marblehead, Mass.-based firm’s first full-scale deployment of wind turbines, according to Warner. The company has other projects in the works in Massachusetts and Texas, but considered Palmdale an ideal location to launch the venture.
“We’re providing them with the ability to generate renewable power directly on site, at a cost that is competitive with the local utility cost,” Warner said.