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Buffetts MidAmerican Awards Siemens Top Wind-Turbine Order

Location:
17th December 2013  To: 17th December 2013

Siemens has received an order from MidAmerican Energy Holdings Co., the power unit of Warren Buffett’s Berkshire Hathaway Inc. for the supply of 448 wind turbines of its 2.3-megawatt turbines with total capacity of almost 1,050 megawatts, enough to power about 320,000 households.

MidAmerican is expanding in wind as costs fall. Turbine prices have declined about 19 percent from the first half of 2008, according to data compiled by Bloomberg, making wind power more competitive with energy produced from fossil fuels.

Url: www.businessweek.com/news/2013-12-16/buffett-s-midamerican-awards-siemens-biggest-wind-turbine-order

 

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