A New Wind Surges Across Panhandle

Wind received a gust of attention this week from Fortune Magazine.

Fortune profiled NACEL Energy, the first publicly traded company to work exclusively in wind power. The company could very well mark the beginning of mainstream alternative energy.

Kurt Divich with SmallCapCentral.com says that, "this exposure in a publication as widely read and influential as Fortune clearly is a boon to awareness of the opportunities that exist for wind investors and Nacel."

The NACEL Energy Corporation (OTCBB:NCEN) received some attention for developments in four states, focusing mainly Texas. The company develops wind farms of six to 18 turbines, working primarily in ten to 30 megawatt projects in high wind areas, such as the Panhandle.

CEO of NACEL, Paul Turner, said that the momentum in wind energy was "huge" and investment is expected to be spurred onwards by new renewable energy requirements. The largest project NACEL is currently working on is the Blue Creek Energy Facility in Moore County, Texas, covering over 2000 acres.

Zaher Karp is a freelance writer and editor who has covered renewable energy and clean technology. He has worked to promote and pursue sustainability through a variety of means, including previously working with a green certification and providing editorial support to local nonprofits.

Discuss this Post
Post new comment

Any opinion contained in this article is solely that of the writers, and does not necessarily shape or reflect the editorial opinions of Energy Boom. Energy Boom content is for informational purposes only and is not intended to be advice regarding the investment merits of, or a recommendation regarding the purchase or sale of, any security identified on, or linked through, this site.

EnergyBoom Community

Welcome to EnergyBoom - an online community that is actively shaping the most important debate of our time. Login or register to get started.

E•B Clean 100
Choose a different index from the list below.
Trending Story

[x]
Wind
The United States Fish and Wildlife Service has listed the Lesser Prairie Chicken as a threatened...