Engineering, procurement and construction (EPC) contracts are evolving as utilities seek to spread risks, contain costs, and execute their business strategies. As a result, turnkey contractors are...
purchase 100.8 MW of capacity from NextEra Energy Resources’ Minco II Wind Energy Center, currently under development in Grady and Caddo counties in Oklahoma. The project is comprised of 63 GE 1.6-MW wind turbines and is expected to be operational by the end of 2011. This is the second power purchase agreement for wind energy between the two companies. Google Energy also purchases 114 MW from NextEra Energy Resources’ Story II Wind Energy Center located in Story and Hardin counties in Iowa.
Fotowatio Renewable Ventures (FRV) closed financing and began construction on the 30-MW Webberville solar project, one of the largest solar PV systems in the United States. The project, located near Austin, Texas, is scheduled to be operational by year-end. Renewable Energy Systems Americas (RES Americas) was selected to construct the project and provide operations and maintenance services for five years. Austin Energy will buy the plant’s output under a 25-year power purchase agreement. FRV partnered with Bayerische Landesbank (BayernLB), which underwrote the project construction debt. The project will use crystalline 270-Watt photovoltaic modules from Trina Solar.
The Solar Electric Power Association (SEPA) announced five utility groups have joined SEPA: American Municipal Power (AMP); City of Lake Worth, Fla.; Central Hudson Gas & Electric (CH Energy Group); Greenwood Utilities Commission; South Mississippi Electric Power Association. SEPA says its utility membership now represents more than 95 percent of the nation’s installed solar capacity and 47 percent of all U.S. electric customers.
Solar Power Partners (SPP) and JCM Capital have signed an agreement with Solar Power Network (SPN), to provide full project financing for up to 20 MW of commercial-scale rooftop installations to be located throughout southwestern Ontario. The agreement follows the recent Solar Power Partners and JCM Capital announcement on the launch of their fund to develop, finance, own, and operate 200 MW of solar projects in Ontario. The SPN contract brings the current fund volume to 50 MW. SPP and JCM have already initiated 20 MW of projects that will start construction in 2011. The fund focuses on the installation of solar projects on large commercial and industrial buildings across Ontario, using the province’s feed-in-tariff program via solar PPAs with the Ontario Power Authority.
Boeing and South Carolina Electric & Gas (SCE&G) created an energy partnership that will enable Boeing South Carolina to operate as a 100 percent renewable energy site. Renewable energy will be generated at the North Charleston site in part with thin-film solar laminate panels owned, installed and maintained by SCE&G on the new Boeing 787 Final Assembly building roof. Under the arrangement, SCE&G will install the solar generation system and dedicate the power from the system to the Boeing site. SCE&G will then supplement the solar generated energy with power from its system resources, coupled with renewable energy certificates from its renewable generating facility, to meet all of Boeing’s energy requirements.
Constellation Energy and Holyoke Gas & Electric Department (HG&E) are developing a new 4.5-MW solar installation that will generate electricity for Holyoke. Constellation Energy will build, own and maintain the system, and HG&E will purchase the