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April 22, 2009 by Robert.
In many school cases schools and other public entities have unique opportunities to help finance wind projects because they qualify for low interest loans, can issue bonds, have lower required rates of return, and generally can get longer financing terms. Pictured [right] are the Spirit Lake Community School District’s 250 kW and 750 kW wind turbines. The 750 kW wind turbine was financed through a zero interest loan from the Iowa Energy Center’s Alternative Energy Revolving Loan Program and a low interest loan approved by the Iowa Energy Bank. (Article and photo from the Windustry Community Wind Toolbox) Photo credit: Iowa Energy Center
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