WEATHER »

Clipper Windpower on the Auction Block


Carpinteria-based Clipper Windpower is once again on the auction block. The homegrown wind turbine manufacturer was acquired by United Technologies (UTC) in December 2010 after UTC initially bought a 49.5 percent stake in January of that year. UTC is offloading divisions to raise capital for the purchase of Fortune 500 defense and aerospace systems supplier Goodrich Corporation. Clipper’s signature product is the 2.5-megawatt Liberty turbine, which features an easily serviceable drive train. They face increasing competition from Chinese manufacturers and a stagnating demand.

To submit a comment on this article, email letters@independent.com or visit our Facebook page. To submit information to a reporter, email tips@independent.com.



event calendar sponsored by:

SEC Sues Goleta Breast Implant Company’s CEO for Fraud

Hani Zeini allegedly concealed information and misled investors.

Goleta Woman Arrested in Hope Ranch for Prowling

Christen Aceves was also wanted for unlawful possession of a bird of prey.

Man Talked Down from Goleta Overpass

The 48-year-old had tied himself to a sign support.

Get Oil Out Founder and Dolphin Sculptor Bud Bottoms Dies

He was a true man-about-town and an engaged public citizen.

Plastic Bags? Throw ’Em Away

Santa Barbara County makes recycling rules tougher in face of exacting standards.