News

AWS Truepower Contracted as Lender Engineer for Financing of the Largest Wind Farm in Mexico

Submitted by aburr on Fri, 2014-09-05 12:37

AWS Truepower was hired to act as independent engineer to support the financing and construction of the Ventika I & Ventika II wind projects in Nuevo Leon, Mexico. The Ventika Wind Project consists of two 126-MW wind projects, for a total capacity of 252 MW, making it the largest wind project in Mexico at the time of financing. The total investment for the projects is $650 million, secured by co-developers CEMEX and Fisterra Energy.

Duke Energy to Build Los Vientos V Wind Project in Texas

Submitted by aburr on Fri, 2014-09-05 12:37

Duke Energy Renewables will build, own and operate a 110-MW wind power project, Los Vientos V, in Starr County, Texas. Garland Power & Light, Greenville Electric Utility System and Bryan Texas Utilities (BTU) have signed 25-year PPAs produced by the project. Vestas will supply 55 2-MW turbines for the project. The project is expected to be completed in late 2015.

Duke Energy, Piedmont Natural Gas Select Dominion to Build Atlantic Coast Pipeline

Submitted by aburr on Fri, 2014-09-05 12:36

Duke Energy and Piedmont Natural Gas selected Dominion to build and operate the Atlantic Coast Pipeline, a 550-mile interstate natural gas pipeline from West Virginia, through Virginia and into eastern North Carolina to meet the region’s rapidly growing demand for natural gas.

ReneSola to Develop 13-MW Solar Farm Project in United Kingdom

Submitted by aburr on Fri, 2014-09-05 12:35

ReneSola Ltd will develop a 13-MW solar project in Dorset, England and expects the solar farm to be fully operational and connected to the national energy grid by end of 2014. The company has identified a number of potential buyers for the project, which received planning consent in January 2014 and is eligible for the United Kingdom's support scheme to promote renewable electricity-generating technologies. The project will feature ReneSola PV modules exclusively, specifically the Virtus II.

Siemens Wins Contract to Help United States Geological Survey Achieve Energy Savings

Submitted by aburr on Fri, 2014-09-05 12:35

Siemens Government Technologies was awarded an $11 million task order by the United States Geological Survey (USGS) to implement energy conservation measures at three of its facilities: National Center (Reston, Virginia); Columbia Environmental Research Center (Columbia, Missouri); and the Western Fisheries Research Center (Seattle, Washington).

Xcel Energy to Offer Customers More Clean Energy Options

Submitted by aburr on Fri, 2014-09-05 12:34

Xcel Energy, the EPA, and the Colorado State Land Board joined community solar developer Clean Energy Collective (CEC) to officially open Denver County's newest community solar facilities — two 500-kW solar arrays in Denver County. Developed on a 5-acre site at the Evie Garrett Dennis School campus in northeast Denver, the two medium-scale solar PV arrays, consisting of more than 4,000 panels, are the eighth and ninth arrays CEC has brought online as part of Xcel Energy's Solar Rewards Communities program.

Minnesota Power and Minnesota National Guard to Build a Solar Array at Camp Ripley

Submitted by aburr on Wed, 2014-08-27 13:50

Minnesota Power, a division of ALLETE, and the Minnesota National Guard signed a memorandum of understanding outlining plans to build a 10-MW utility-scale solar energy array at Camp Ripley, located in central Minnesota. The project will be the largest solar energy installation on military property in the state. The solar farm and backup generation will be designed and constructed to allow Camp Ripley to use the energy produced by the project during infrequent periods when the electric grid is down, providing enhanced energy security for the military site.

Duke Energy Sells Non-Regulated Midwest Generation Business for $2.8B

Submitted by aburr on Wed, 2014-08-27 13:49

Dynegy plans to buy Duke Energy’s non-regulated Midwest Commercial Generation Business for $2.8 billion in cash, which includes ownership interests in 11 power plants and Duke Energy Retail Sales, the company's retail business in Ohio. The completion of the transaction is conditioned on approval from FERC, the expiration of the waiting period under the Hart-Scott Rodino Act, and the release of certain credit support obligations. Closing is expected to occur in three to six months.

Echelon Signs Definitive Agreement with S&T AG to Purchase Its Grid Operations

Submitted by aburr on Wed, 2014-08-27 13:48

Echelon signed a definitive agreement to sell its grid operations to S&T AG, a publicly traded European IT systems provider. The companies expect the deal to close by the end of the year. Under the terms of the agreement, Echelon will receive approximately $5 million in upfront consideration, dependent in part on the value of net assets at closing. Echelon will also become a supplier of its narrowband high-reliability power line communications chips to S&T for use in their smart meters and related products.

Boart Longyear Awarded Contract for Largest Natural Gas Storage Facility in Western U.S.

Submitted by aburr on Wed, 2014-08-27 13:46

Boart Longyear was awarded a contract for drilling services at the Magnum NGLs (natural gas liquids) Storage Project at central Utah's Western Energy Hub. Magnum is building the first underground salt cavern NGLs storage facility in the Rocky Mountain region at the site. Development will include the construction of solution-mined storage caverns in a salt dome approximately 3,000 feet below the natural surface. Initially, the facility will feature two caverns each capable of storing between 1 and 2 million barrels of NGLs such as propane and butane.