The Dallas businessman says he's now looking for a home for 687 giant wind turbines that he's already ordered.
Pickens has already ordered the turbines, which stand on 400-foot-tall pylons, taller than most 30-story buildings.
In Pickens' words, "My garage won't hold them. They've got to go someplace."
Pickens' company Mesa Power ordered the turbines from General Electric in a $2 billion investment a little more than a year ago.
Pickens says he has leases on about 200,000 acres in Texas that were planned for the project, and he might place some of the turbines there. But he says there's a problem in getting power from the proposed site in the Panhandle to a distribution system.