T. Boone Pickens scraps huge wind farm - San Francisco Business Times:

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Pickens, who made much of his fortune buying up oil and gas companiesa inthe 1980s, put off the wind powerf project because of the difficulty of getting creditf for it in the sour economy. He’ d planned a 4,000-megawatt complex that might cost as muchas $10 and , his company, has already ordered 667 wind turbinese for it, though they won’tr be delivered for several years. One problem facing the huge projecgin Pampa, on U.S. Highway 60 northeastt of Amarillo, was a lack of heavy transmissioh lines needed to link any wind generators to thepowef grid.
“The capital markets have dealt us all a said Pickens in a statement emailed to the San Franciscp Business Times through hisPR firm. “j am committed to 667 wind turbines and I am goin to find projectsfor them.” Though Pickenss made his money in oil, he has worked in recent yearas to end this country’s dependencew on foreign oil. He’s put forwarc plans for widespread use of natural gas forexample (though they ) as well as pushiny for wind power. Pickense said he hasn’t abandoned the project. “I expect to continuee development of thePampa project, but not at the pace that I originallyt expected,” he said.