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Strategy
Western Wind has assembled an expert team for sourcing, acquiring and developing early-stage wind and solar properties. It is Western Wind's strategy to leverage this experience to aggressively grow the company. One of the main strategies of Western Wind's management is to access and acquire rare real estate that is suitable for wind and solar farming where the company can develop profitable wind and solar energy projects. By owning and controlling these properties and operating efficiently as a public company, Western Wind will be able to grow into a mid-size wind and solar developer and operator.
Focus on California
Western Wind is primarily focused on developing projects in California. This state is one of the most attractive markets for renewable energy projects because of the large size of the market and the 2010 Renewable Portfolio Standard. The 2010 Renewable Portfolio Standard is a legislation that requires California utilities to generate 20 percent of electricity from renewable sources by 2010. Subsequent recommendations in California energy policy reports advocated a goal of 33 percent by 2020.
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