Atlantic Power Corporation ("Atlantic Power" or the "Company") announced today that it has completed the previously disclosed sale of its wind portfolio to an affiliate of SunEdison, Inc. (NYSE: SUNE) for cash proceeds of approximately $347 million, net of closing adjustments. The wind portfolio consisted of five operating wind projects in Idaho and Oklahoma with a net ownership by Atlantic Power of 521 megawatts.
EDF Renewable Energy (EDF RE) has placed a firm order with Vestas Wind Systems A/S to supply the 150 megawatt (MW) Salt Fork Wind Project in Texas. The order marks the first draw on the 1,000 MW Master Supply Agreement (MSA) announced in December 2014. Delivery of the 75 V100-2.0 MW is scheduled for third quarter 2016.
DONG Energy has decided to construct Race Bank Offshore Wind Farm, located in the Greater Wash area, approximately 27 km off the east coast of Britain.
EDF Renewable Energy (EDF RE) today announced the acquisition of the up to 200 megawatt (MW) Salt Fork Wind Project from Cielo Wind Power LP (Cielo).
Japan headquartered telecommunications and Internet major SoftBank Corp. (“SoftBank”), leading Indian business conglomerate Bharti Enterprises Limited (“Bharti”) and Taiwan-based top design and manufacturing services provider Foxconn Technology Group (“Foxconn”), came together with plans to form a joint venture, SBG Cleantech Limited (“SBG Cleantech”) to promote the adoption of clean and safe energy in India. Subject to certain conditions, all three companies will jointly invest in the venture.
Whirlpool Corporation, the world's largest global manufacturer and marketer of major home appliances broke ground today on the Findlay Wind Farm, an $18 million "Wind for Industry" project, financed by One Energy, which provides energy solutions for large electric consumers.
Iberdrola Renewables today announced a 25-year contract to supply Tri-State Generation and Transmission Association, Inc. (Tri-State) – a wholesale electric power supplier owned by 44 electric cooperatives and public power districts across Colorado, Nebraska, New Mexico and Wyoming – with renewable energy from the planned Twin Buttes II Wind Project.
InterGen and IEnova today announced that the Energía Sierra Juárez wind project began commercial operations in Tecate, Baja California, Mexico. InterGen has a 50 percent interest in the project with Infraestructura Energética Nova, S.A.B. de C.V. “IEnova.” Energía Sierra Juárez is the first cross-border wind generation project between Mexico and the U.S.
Two of our nation's most advanced wind energy research and test facilities have joined forces to help the wind energy industry improve the performance of wind turbine drivetrains and better understand how the turbines can integrate more effectively with the electrical grid.
Following 18 months of construction, the K2 Wind Power Facility in Ontario reached commercial operation on May 29, 2015. One of Canada's largest wind projects, the 270 megawatt (MW) facility is owned and operated by Capital Power Corporation and Capital Power LP, Samsung Renewable Energy Inc., and Pattern Energy Group LP.
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