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/CNN/ It's been a century or so since Britain ruled the waves, but Queen Elizabeth II will soon reign over the wind. Earlier this year the Crown Estate, which manages royal property worth $14 billion and controls the seas up to 14 miles off the British coast, agreed to purchase - for an undisclosed sum - the world's largest wind turbine.

It's a 7.5-megawatt monster to be built by Clipper Windpower of Carpinteria, Calif. Now the Royal Turbine is getting even bigger: Clipper has revealed to Fortune that Her Majesty's windmill has been supersized to ten megawatts, producing five times the power generated by typical big turbines currently in commercial operation. The giant's wingspan stretches the length of two soccer fields. At 574 feet, the turbine soars over Big Ben and roughly equals 111 Queen Elizabeths (the actual queen) plus one corgi stacked on top of one another.

The Queen's turbine will displace two million barrels of oil as well as 724,000 tons of CO2 over its lifetime. This prototype will be the flagship for Clipper's Britannia Project, an effort to create a new generation of massive-megawatt turbines to be placed on deep-sea floating platforms. When the windmill goes online in 2012 somewhere off the British coast, it could power 3,700 average homes.
Nick: JirkaPraha, 29.9.2008 08:31:26
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The Wall Street bank Goldman Sachs is gearing up to pay huge year-end bonuses to its 31,000 employees after raking in quarterly profits of $3.19bn (£1.96bn), boosted by astute trading, resurgent...
Finance and Business
21.10.2009 08:39:49 | Nick: JirkaPraha
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As the secretary-general of Opec flew into Moscow yesterday to talk about oil, Alexei Miller, the chairman of Gazprom, was jetting out of Tehran after concluding talks about gas with Iran and Qatar....
Finance and Business
23.10.2008 09:04:19 | Nick: JirkaPraha
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The swift and ruthless exploitation of the economic meltdown on behalf of globalists and central banks revolves around their drive to move towards a one world currency system and an unprecedented...
Finance and Business
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After Britain and the US injected massive amounts of capital into their banks, Switzerland has taken emergency measures to try to shore up its banking system. Sean Farrell reports. In an...
Finance and Business
21.10.2008 10:28:38 | Nick: JirkaPraha
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Ukraine, Hungary, and Serbia are all in emergency talks with the International Monetary Fund, raising fears that an exodus of foreign investors will set off a systemic crisis across Eastern Europe....
Finance and Business
17.10.2008 11:31:46 | Nick: JirkaPraha
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Approximately half of the first $250 billion tranche of money approved by Congress for the mortgage crisis will end up in the hands of the "healthy" big banks. "For the good of the American...
Finance and Business
15.10.2008 08:20:19 | Nick: JirkaPraha




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