Adding to its list of major alternative energy deals in Latin America, Milbank, Tweed, Hadley & McCloy LLP has represented Mexico Power Group (MPG) in two transactions related to the construction of a 130-MW La Bufa Wind Power Project in north-central Mexico. Upon completion, the power generated from La Bufa will be sold to Volkswagen…
Volkswagen to buy power from La Bufa Wind Farm in Mexico
First Reserve, a global private equity and energy investment firm, has partnered with Mexico Power Group (MPG) to build the 130-MW La Bufa wind farm in Mexico. Upon completion, the wind farm will sell its generated power under a contracted off-take agreement to Volkswagen de México — helping the company meet its targeted renewable energy standards. The…
Vestas wins new U.S. service agreement featuring broad asset-management responsibilities
Vestas has secured an agreement with Renewable Energy Trust Capital (RET Capital), which highlights Vestas’ increased flexibility and scope in service offerings. The agreement covering the 102-MW Coram Wind Project located in the Tehachapi region of California reflects Vestas’ service business flexibility. Vestas will serve as RET Capital’s onsite asset manager with responsibility for 24/7 surveillance,…
Downwind: A floating wind farm with lodging
A 750-meter-long floating wind farm with living space could harness energy from places too deep and seabed conditions too difficult for bottom-mounted wind development. Hexicon, a Swedish design and engineering company, says its wind-farm design will use a centralized turret mooring system that lets a platform and its turbines automatically align to the wind. The…
Developers complete 139.4-MW Pennsylvania project
Renewable Energy Systems Americas Inc. (RES Americas) has announce the completion of the 139.4 MW Twin Ridges Wind Farm located in Somerset County, Pennsylvania. The project was completed in December of 2012 and is now operational. RES Americas served as the balance-of-plant contractor for the project, which was developed and is owned by EverPower. The…
How to network a wind farm
Chinese manufacturer Dongfang Steam Turbine Works (DSTW) was working on a wind farm project of 66, 1.5-MW turbines and had to establish a SCADA system to remotely monitor on-site equipment and operations while recording operation data for real-time analysis. To make matters worse, Northeast China’s harsh weather called for rugged and reliable networking devices.…
The big guys learn financing from the little ones
Community wind projects provide a wealth of information about what works and what doesn’t when financing a utility-scale project.
More MW makes wind farm one of the UK’s largest
A Scottish wind farm recently received 60 additional 2.3-MW turbines, adding 183 MW to the farm. The addition brings Crystal Rig’s total capacity to 200 MW, making it one of the largest onshore wind farms in the UK.
Twenty-MW wind farm headed to Lake Erie
The first offshore wind farm to launch may not be off highly publicized Cape Cod but in the less controversial waters of the North Coast, off Cleveland, Ohio. GE Wind and Lake Erie Energy Development Corporation (LEEDCo) of Northern Ohio recently announced a long-term partnership beginning with the development of the first fresh water offshore…
28,000-acre wind farm slated for Eastern Illinois
Chicago-based Invenergy LLC plans to build a $400 million wind farm in two eastern Illinois counties. The company says it is working to erect up to 133 wind turbines on 28,000 acres in Champaign and Vermilion counties. Building could start by the summer of 2010 and the wind farm could be running by year end.…