CHICAGO, July 6, 2004 (PRIMEZONE) -- U.S. Wind Farming Inc. (Pink Sheets:USWF) is an emerging public renewable energy developer and operator establishing Small Distributed (15 megawatts) Wind Turbine Agricultural Renewable Energy Cooperatives on farmers' properties nationwide. U.S. Wind Farming Inc. believes it is time for a paradigm shift in the way people think of energy production and distribution for the United States.
The company today announced that it would be providing a broadly diverse array of wind power options -- large, medium and small -- to farming communities nationwide.
USWF is to provide wind systems geared to megawatt "utility scale" grids and demands via GE Wind Energy's 1.5 and 2.5 Megawatt Wind Turbines. Each farmer should expect to net a minimum of a $100,000 annual income for each 15 megawatt Small Distributed Wind Turbine Agricultural Renewable Energy Cooperative that USWF installs on his property. Each Cooperative generates approximately $1.8 million in annual income for its members and the local community. Each Cooperative will take advantage of State and Federal Renewable Energy Tax Credits. USWF expects to have the financial resources to install a minimum of 12 cooperatives each year.
USWF additionally plans to provide intermediate wind power units (around 65 kilowatts) for supplying economical wind energy to institutional customers, municipalities, school campuses, major post offices, area cooperatives and industrial parks in these farming communities.
USWF will also provide small-kilowatt building-attached and associated "non-towered AeroTurbines" to participating wind farm "neighbors," community facilities, area cooperatives and merchants in town.
Farming communities nationwide will "Harvest the Power of the Wind" to be delivered locally to community users and institutions, as well as regionally to utility grids and major power-demanding industries seeking renewable energy credits and forced environmental requirements.
"I receive calls and emails every day from our nation's farmers asking, 'How can I get a wind farm on my land?'" said William Telander, President and CEO of USWF. "I wanted to provide a way that the entire community could benefit from harvesting the wind, not just the farmer."
USWF expects to work with the Department of Agriculture and the Department of Energy to orchestrate the implementation of their Renewable Energy Cooperatives.
Besides providing energy to the nation, USWF's Renewable Energy Cooperatives will bring hope to certain farming communities battered by recession and crippling drought. Since 45% of the nation's water is used in the production of electricity, farmers will increase their active roles in conserving this precious resource.
Many groups see renewable energy as a way for farmers to combat rising fuel prices. Coal, Oil and Natural Gas are the main sources of electricity in the United States, but advocates say wind power can compete economically without the pollution and water use associated with these fossil fuels.
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