With all the talk of turbine shortages from the US market boom, it seems Horizon Wind has quickly picked up on the trend. The clever folks at Goldman Sachs have snapped up 1,400 MW of turbine capacity through 2008 from Gamesa and Vestas. Horizon is not the largest player in the market, and bigger players probably should have bought up more turbines when they could, as the market looks sold out through 2007.
I counted a good 2,000 MW pipeline on Horizon's website - figuring half of that goes through, they might be sitting on 200-400 MW of turbines in late 2007 with the clock ticking on the PTC. I haven't heard of reselling turbines from one developer to another, although it definitely puts them in a strong position as other projects move faster and may scramble for machines.
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