Wind XI will consist of multiple sites across Iowa. The company is not asking for a rate increase or assistance from the state to pay for it.
Iowa and MidAmerican's rapid transition from dirty coal to affordable and renewable wind energy offers a clear path for utilities nationwide to make major strides towards 100% clean energy in a way that provides family-supporting jobs and without rate increases. The first and last sites are expected to be placed into service in 2017 and 2019, respectively. The wind farm's location is still to be determined.
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The PM's official spokesman added: "Parliament overwhelmingly voted in favour of the referendum in the first place". We need clarity, and we need it today".
The project is expected to generate more than $1.2 billion in landowner easement and property tax payments over the next 40 years, according to the company.
"This is an exciting day for our customers, the state of Iowa and MidAmerican Energy", said Bill Fehrman, President and CEO of MidAmerican Energy.
MidAmerican filed its proposal with the board on April 14, 2016, requesting an expedited review so it could benefit in full from the federal production tax credit (PTC).
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Valued at Dollars 3.6 billion, Wind XI is the largest wind project MidAmerican Energy has ever undertaken, it said previously. Thousands of construction workers will be hired during the building phase of the project, and hundreds of new permanent jobs will be created once Wind XI is complete. That's enough wind energy to power 1.6 million homes.
More than 31 percent of Iowa's total electricity generation came from wind, a larger share than any other state, according to the energy administration.
Correction: An earlier version of this article said Wyoming's Chokecherry and Sierra Madre wind project has been stalled for nine years just over opposition from environmental advocates.
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"This is an incredible example of how the unstoppable transition toward a 100 percent clean energy economy is moving faster than many expected", says Bruce Niles, senior director for the Sierra Club's Beyond Coal Campaign.