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The main cost of small wind turbines is the purchase and installation process, which averages between $48,000 and $65,000 per installation. Usually, the total amount of energy harvested amounts to more than the cost of the turbines.
First Wind installed 28 GE 1.5 MW Wind Turbines at a cost of $85 million along the top and northern section of the mountain. The blades attached to the hub of the turbine are about 115 ft (35 m) long. This is small compared to the wind turbines available in 2025.
Some may carry five modern wind turbines and lift 700 tonnes 125 metres (410 ft) above deck. [5] [6] A vessel can cost [7] $335 million, or $220,000 per day. [8] A 3-year leasing may cost €90 million. [9] The fleet of 16 vessels are scheduled to expand to 23 vessels by 2023, of which seven can handle the largest turbines.
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The legislation continues by specifying goals for the Wind Energy Research Program, "(i) reduce average wind energy costs to 3 to 5 cents per kilowatt hour by 1995;(ii) reduce capital costs of new wind energy systems to $500 to $750 per kilowatt of installed capacity by 1995; (iii) reduce operation and maintenance costs for wind energy systems ...
There will be 141 SWT-2.3-93 turbines, with a capacity of 2.3 MW each. [7] Phase 2 of the project was completed in August 2009, adding 65 turbines to the wind farm. [8] The expansion brought generating capacity to 275 megawatts. [8] Phase 3 added 76 wind turbines, with the cost of phases two and three totaling $700 to $800 million. [8]
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