Western Farmers Electric Cooperative has entered into a power purchase agreement (PPA) with NextEra Energy Resources for a combined wind, solar and energy storage project. “At Western Farmers, we are always looking for ways to better serve our customers with reliable, low-cost and environmentally friendly energy,” says Gary Roulet, CEO of WFEC. “With the price…
North Dakota PSC approves 298-MW NextEra wind & transmission line project
The North Dakota Public Service Commission (PSC) has approved a siting permit for the Emmons-Logan Wind Energy Center and an associated transmission line. The permit approved is for Emmons-Logan Wind, LLC (a wholly owned, indirect subsidiary of NextEra Energy Resources), to construct and operate the Emmons-Logan Wind Energy Center and an associated transmission line. The…
DoD and NextEra given another extension to settle Oklahoma wind plan
Oklahoma Attorney General Mike Hunter recently announced that the Department of Defense (DOD) and NextEra Energy have again extended the deadline to reach a mitigation plan on a wind farm along a route of airspace the military uses for training. As part of the agreed upon extension, NextEra may proceed with construction on turbines that…
NextEra to acquire about 1,388 MW of contracted renewable projects
NextEra Energy Partners has announced that it has entered into an agreement with a subsidiary of NextEra Energy Resources, LLC to acquire a geographically diverse portfolio of 11 wind and solar projects, collectively consisting of approximately 1,388 MW. In conjunction with the acquisition, NextEra Energy Partners also has entered into a $750 million convertible equity portfolio…
NextEra selling Ontario wind & solar assets
NextEra Energy Partners, LP announced that it has entered into a definitive agreement with Canada Pension Plan Investment Board (CPPIB) for the sale of its portfolio of wind and solar generation assets in Ontario, Canada, for a total consideration of about $582.3 million. This includes the net present value of the O&M origination fee, subject to customary…
GE’s repower program adds value to U.S. wind industry
GE Renewable Energy has announced at the AWEA Windpower Conference that it has repowered 300 wind turbines, the equivalent of adding 75 wind turbines worth of output. The National Renewable Energy Laboratory has estimated that the U.S. repowering market could grow to $25 billion by 2030. With the largest installed base in the US, GE is…
NextEra & Westar Energy celebrate commissioning of two Kansas wind farms
State and local leaders and landowners joined executives from NextEra Energy Resources and Westar Energy this week to celebrate the commissioning of the Kingman and Ninnescah Wind Energy Centers. The wind farms have created hundreds of construction jobs and millions of dollars in economic benefits to the region. “Wind energy is good for Kansas and it’s good…
Utilities Observer has ideas for investing in renewable energy
Despite increasing capacity and solid annual growth in the renewable energy space, Morningstar equity analysts anticipate a rockier path forward as more companies chase lower returns and policymakers revisit return-boosting incentives.
NextEra Energy finalizes deal to acquire 664 MW in wind capacity
NextEra Energy Partners announced that it has completed an agreement to acquire approximately 664-megawatts (MW) of operating renewable wind-power generation assets from the sponsor, NextEra Energy Resources. With the addition of the four wind generating facilities, NextEra Energy Partners’ portfolio expands to approximately 1,923 MW of contracted, clean energy projects. The additional facilities include: Ashtabula…
Weather data from nation’s largest wind farms could improve U.S. models, forecasts
Private companies share weather data with NOAA Two of the nation’s largest producers of wind-generated electric power will share privately-collected weather data with NOAA, providing agency scientists with additional observations from wind farms across the nation for research and operations. NOAA now has data sharing agreements with Iberdrola Renewables of Portland, Ore., and NextEra Energy…
Texas sets a new wind record
Texas set a new record for wind-power output in October 2011 as coastal wind farms start playing a bigger role in supplying electricity to the state, the grid operator said in a report. The amount of electricity produced from wind on the afternoon of October 7 set a record at 7,400 MW, more than 78%…