• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Business / Cedar Rapids turbine company wins state money

Cedar Rapids turbine company wins state money

July 1, 2011 By Matt Kelley

A wind turbine manufacturing plant in Cedar Rapids has landed a nearly $2.3 million award from the state. The funding was approved today by the Iowa Power Fund Board during the board’s final meeting.

Kristin Hanks, with the Iowa Office of Energy Independence, says the award will help Clipper Windpower develop a wind turbine that is designed to be used at low wind speed sites. “Most of the wind turbines now are in northern and northwestern Iowa,” Hanks said. “With wind turbines designed for low class wind speed areas, we’d be able put more wind turbines in northeast and parts of southern Iowa.”

Clipper officials say the company is investing an additional $18 million toward the project. The move’s expected to create even more wind energy related jobs in Iowa. “They do expect, with this new prototype, that they will be adding jobs to their Cedar Rapids plant,” Hanks said. It’s not clear, however, how many more employees might be needed or when.

The turbines would be sold in North America and internationally. A prototype installation and testing of the low-speed wind turbine is expected sometime next year. Iowa leads the nation in terms of per capita wind energy production. There are more than 2,500 turbines currently installed around Iowa generating nearly 19% of the state’s electricity.

The Iowa Power Fund was established in 2007 under then Governor Chet Culver, a Democrat. This year, Republicans in the legislature chose to eliminate the $25 million-a-year program.

Share this:

  • Facebook
  • Twitter

Filed Under: Business, Outdoors Tagged With: Employment and Labor

Featured Stories

Iowans 65+ now eligible in next phase of Covid vaccinations

Bill would remove transfer limits in five Iowa school districts

Former Iowa sports talk host sentenced to federal prison for ticket scams

Feenstra only member of Iowa delegation not at Biden’s inauguration

Congresswoman Axne favors Biden pandemic relief plan, Hinson not ruling out a ‘yes’

TwitterFacebook
Tweets by RadioIowa

UNI adds two nonconference games to basketball schedule

Iowa State-Kansas postponed

Iowa-Michigan State postponed

Fire damage to Riverfront Stadium electrical system will cost Waterloo thousands

Iowa State at Kansas State postponed

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 ยท Learfield News & Ag, LLC