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.
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Xcel Energy began work on a new substation in the town of Brunswick, Wisconsin. The substation will tie into an existing transmission line. Xcel Energy received all state regulatory approvals in early November, and construction work began in late November. The substation is scheduled to be in service by April 2014 and is estimated to cost $4 million.
Geronimo Energy signed two long-term wind energy purchase agreements with Xcel Energy for a total of 400 MW of wind energy to be generated at the Courtenay Wind Farm and Odell Wind Farm. The Courtenay Wind Farm is a 200-MW wind energy facility in Stutsman County, North Dakota. The project will consist of up to 125 wind turbines to be constructed across 25,000 acres of leased land from over 60 landowners. The Odell Wind Farm is a 200-MW wind energy facility in Jackson, Watonwan and Cottonwood counties, Minnesota.
RES America Developments, a subsidiary of Renewable Energy Systems Americas (RES Americas), is working with Xcel Energy to construct the 200-MW Pleasant Valley Wind Farm. The project is near Austin, Minnesota, adjacent to the Grand Meadow wind project owned by Xcel Energy. Once the project is complete, RES Americas will transfer ownership of Pleasant Valley to Xcel Energy, who will own and operate the project.
Atlantic Power sells 800 MW of generating capacity in Florida and Texas; Goldman Sachs buys Imperial Valley project from FirstSolar; Duke acquires two solar plants in California; Southern Company and Turner Renewable Energy buy Campo Verde project; plus other deals and issues totaling more than $2 billion.