Wind Farm Exchanging Hands; Ground Breaking -- Near Jamestown, ND -- September 25, 2015

The AP/StarTribune is reporting:

COURTENAY, N.D. — Minneapolis-based Xcel Energy is starting construction on a 200-megawatt wind farm in southeastern North Dakota.

The Courtenay Wind Farm near Jamestown will cost about $300 million.

North Dakota's Public Service Commission in August gave Xcel Energy permission to buy the project from Geronimo Energy, which had problems securing financing. Xcel earlier had agreed to buy all power produced from the 100-turbine wind farm that will have the capacity to power up to 105,000 homes.

$300 million / 200 MW =  $1.5 million / MW.

From an August 25, 2014, post, this is 30-second sound bite for "cost of renewable megawatt":

• Solar: $3 million / MW
• Wind: $2.5 million / MW
• Natural gas: $865,000 / MW

**********************************

Another Example Of Costs Of New Intermittent Energy Projects

North Carolina wind farm coming on line in summer of 2015. 

Data points:

• 102 turbines
• 204 MW
• 22,000 acres
• $600 million
• $2.9 million / MW