(Source: PrimeNewswire)
LAS VEGAS, Aug. 14, 2009 (GLOBE NEWSWIRE) -- Wind energy today is reminiscent of a proverbial gold rush when many believe that there is money in the ground - or in this instance, blowing over it- and rush to stake their claim. The choice spots for wind are being targeted as wind champions like T. Boone Pickens and President Obama raise awareness and increase demand. And so, it is critical for wind energy companies to line up their claims, to secure their futures with good ground and windy skies.
A report featuring NACEL Energy Corporation (OTCBB:NCEN) and of interest to wind energy leaders American Superconductor Corporation (Nasdaq:AMSC), A-Power Energy Generation Systems, Ltd. (Nasdaq:APWR), Florida Power & Light Company (NYSE:FPL), and Trinity Industries, Inc. (NYSE:TRN) has been published at:
http://www.smallcapsentinel.com/fortune
This "gold rush" makes successful agreements and developments in high quality wind areas critical now and tomorrow. Yesterday, NACEL Energy offered an update of its project in Texas, confirming that it has executed three additional long term wind development rights agreements covering 1,068 acres in Donley County. The newly acquired land is contiguous with the company's Lelia Lakes wind power project announced July 1, 2009, and brings the total acreage under development at Leila Lakes to 2,093 acres.
Notably, Donley County, Texas was identified by NACEL Energy's Operations team in mid-2008 as a region of development interest. Donley County exhibits the high quality Class 4 winds prevalent throughout the Texas Panhandle and, based upon the company's analysis, offers favorable interconnection opportunities, initially at lower voltages. The securing of an aggregate total of 2,729 acres in Donley County under long term development rights agreements, evidences a continued, consistent application of NACEL Energy's business model -- unique in the U.S. wind industry.
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