Us Stocks Fall Amid Banking Concerns

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Pickens said he failed to think the postponed project is a setback for the wind industry because all sectors are receiving trouble finding financial backers in this economic temperature.



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The Pampa Wind Project, (4,000 megawatts of electricity in the next 4-5 years) located in Texas Panhandle, could power 1.2 million average homes by 2014 at a cost of $8 billion.

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SPP, which currently has about 3,000 MW of installed wind capacity, also provides significant transmission bottlenecks, especially working to produce a 'superhighway' for taking advantage of the huge amount of wind resource in the nation's midsection.

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