March 19, 2021
Source: Recharge

Texas wind farms face billion-dollar losses from blackouts in 'illegal wealth transfer

Dozens of wind farms in Texas have been left reeling from billions of dollars of losses incurred during last month’s state-wide electrical grid failure. Those facilities either shut down, under-performed or were unable to fully export power during all or part of a week of historically cold winter weather, according to industry officials.

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