Clipper Windpower appeared in a recent Daily telegraph Aim Market company profile. Clipper is developing a new offshore wind turbine with a 150m wingspan on a 115m high tower with a generating capacity based around a 7.5 megawatt machine. This is significantly higher than the existing generating capacity of 2.5 megawatts.
California based Clipper Windpower was floated on AIM in 2005 at 200p a share. The price peaked at 916p in June 2007 before two profits warnings drove the price down to below 500p a share in September 2007.
CEO Jim Dehlsen says that the company is working through its supply problems and is ironing out problems with its manufacturing process. The testing phase is expected to start in 2009 or 2010.
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