The industry’s transformation has begun. Should the F40 transform too?
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.
Market manipulation versus the right to make a profit.
GE Energy Consulting and the New York Power Authority agree to a license arrangement allowing NYPA to use GE’s MAPS software to perform high-fidelity nodal analysis; NRG acquires Roof Diagnostics Solar, a residential solar company; GE unveils 2.75-120 wind turbine; AEP awards Babcock & Wilcox a contract to provide steam generator services.
Minnesota Public Utilities Commission (PUC) ruled in favor of solar as a cost-competitive energy source for Xcel Energy. Geronimo Energy's Aurora Solar Project was selected by the PUC to fill a portion of Xcel's future generation needs. The Aurora Solar Project is a 100-MW distributed solar generation project that will utilize solar arrays ranging in size from 2 MW to 10 MW across Xcel's service territory.
How to find a future that works.
ALLETE Clean Energy (ALLETE) finalized the purchase of wind farms in Minnesota, Iowa and Oregon from AES. ALLETE acquired the operating wind energy projects for $27 million and all three wind farms - with a total output of 231 MW - have PPAs in place for their entire electric output. ALLETE also signed in November an option agreement to acquire a fourth wind farm from AES in mid-2015. Pursuant to that option agreement, ALLETE will have an option to acquire the 101MW Armenia Mountain, Penn., wind farm.
Protecting your base – while keeping options open.
ALLETE Clean Energy signed an acquisition agreement to purchase wind farms in Minnesota, Iowa and Oregon from The AES Corporation in early 2014 and has also signed an option agreement to acquire a fourth wind energy facility in Pennsylvania in mid-2015. Under the acquisition agreement, ALLETE Clean Energy would acquire AES’ position in operating wind energy projects in Lake Benton, Minn., Storm Lake, Ia., and Condon, Ore. with a total output of 231 MW for $27 million. All three wind farms to be acquired have PPAs in place for their entire electric output.