Published at: online.wsj.com
May 4, 2009
One has to admire the determination and vision of James Dehlsen, the founder of Zond Systems, sold to Enron in 2000, and later founded Clipper Windpower. By now James has learned that wind is fickle and to achieve utility type of reliability of wind power is a long road to travel. Expensive business with high contract liabilities, and now few investors are brave enough to step on the plate.