Oil Tycoon goes Alternative

Mr T. Boone Pickens is a Texan oilman who, one can assume, makes quite a lot of money in that business what with the current cost of oil per barrel. He has just ordered 667 wind turbines, from energy company GE, at a cost of three million dollars each! A total bill of two billion.

Mr. Pickens plans to develop what will be the world’s largest wind farm located in the Texan panhandle. There is something VERY interesting about an oil tycoon investing in alternative energy - does he know something we don’t?

Not only is this a massive order it is only the first phase - a quarter of the total number of turbines he wants to install. Once completed the wind farm will have the capacity to supply well over one million texan homes with power.

[Via Metaefficient ]