5 August 2017 2017 10:00 AM GMT

Invenergy, GE Renewable Energy Announce 2GW Facility: Largest Wind Farm In US

Invenergy, North America’s largest independent, privately-held renewable energy company, along with GE Renewable Energy, has announced a 2,000-megawatt wind farm that will be the largest in the U.S. and second-largest in the world, once operational. The Wind Catcher facility is currently under construction in the Oklahoma panhandle and will generate wind electricity from 800 state-of-the-art GE 2.5 megawatt turbines.

The wind facility is part of the $4.5 billion Wind Catcher Energy Connection that also includes an approximately 350-mile dedicated, extra-high voltage power line. American Electric Power (AEP), utility subsidiaries Public Service Co. of Oklahoma (PSO) and Southwestern Electric Power Co. (SWEPCO) are asking utility regulators in Louisiana, Arkansas, Texas and Oklahoma to approve plans to purchase the wind farm from Invenergy upon completion of construction and to build the power line to serve PSO and SWEPCO’s more than 1.1 million customers.

“Wind Catcher shows American leadership in bringing low-cost clean energy to market at Giga scale,” said Invenergy’s Founder and CEO Michael Polsky. “This project reflects Invenergy’s innovative spirit and unparalleled execution ability, and we are proud to be working with forward looking utilities like PSO and SWEPCO whose customers and communities will benefit from this project for decades to come.”

Wind Catcher Energy Connection is expected to save SWEPCO and PSO customers more than $7 billion, net of cost, over 25 years. AEP estimates that the project will support approximately 4,000 direct and 4,400 indirect jobs annually during construction and 80 permanent jobs once operational. It also will contribute approximately $300 million in property taxes over the life of the project.

The 2.5 megawatt GE turbines that will power the project are GE’s latest model, designed to enhance efficiency, offer industry-leading reliability and allow for higher energy production. GE will also implement its Digital Wind Farm solutions, providing software to support wind operations including Asset Performance Management (APM) and Operations Optimization (OO).

All machine heads and hubs will be manufactured in the U.S., and additional components will be manufactured in Louisiana, Arkansas, Texas and Oklahoma. “GE is delighted to be a part of the groundbreaking Wind Catcher project with Invenergy and American Electric Power,” said Pete McCabe, President and CEO of GE’s Onshore Wind business. “We look forward to putting our teams to work in these communities as we continue to move toward our goal of ensuring that no one has to choose between sustainable, reliable and affordable energy.” Construction of the Wind Catcher facility started in 2016, and it is expected to be fully operational in mid-2020. Invenergy is contracted to operate the facility for the first five years.

Invenergy strives to drive innovation in energy. Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in the Americas, Europe and Asia. The company home office is located in Chicago and it has regional development offices in the United States, Canada, Mexico, Japan, Poland and Scotland. Not including Wind Catcher, Invenergy and its affiliated companies have developed more than 15,900 megawatts of projects that are in operation, construction or under contract, including wind, solar, natural gas-fueled power generation and energy storage projects.

GE Renewable Energy is a $10 billion start-up that brings together one of the broadest product and service portfolios in the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar power and more recently turbine blades, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With more than 22,000 employees present in more than 55 countries, the company is backed by the resources of the world’s first digital industrial company. Its goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy.

Image: Courtesy of GE Renewable Energy

January 10th 2018
US: Doubling Of Wind & Solar Capacity Possible By 2020 as Coal & Nuclear Drop

In the latest issue of its “Energy Infrastructure Update” (with data through November 30, 2017), the Federal Energy Regulatory Commission (FERC) notes that proposed net additions to generating capacity by utility-scale wind and solar could total 115,984 megawatts (MW) by December 2020 – effectively doubling their current installed capacity of 115,520 MW.  The numbers were released as FERC prepares for a January 10 meeting to consider U.S. Department of Energy Secretary Rick Perry’s proposal for a bailout of the coal and nuclear industries.

January 28th 2018
Chinese Solar Surge Fuels Overall Global Growth In Clean Energy Investment

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5 trillion. An extraordinary boom in photovoltaic installations made 2017 a record year for China’s investment in clean energy. This outpaced changes elsewhere, including jumps in investment in Australia and Mexico, and declines in Japan, the U.K. and Germany. The figures up 3% from a revised $324.6 billion in 2016, and only 7% short of the record figure of $360.3 billion, in 2015.

January 8th 2018
Vestas Sets 10.6 GW Record In 2017 After Year-End Surge; Ups Cashflow Guidance

Vestas has received a firm and unconditional order for 190 MW of 4 MW platform turbines in the U.S. taking the global order intake for the company in 2017 to 10.6 GW, surpassing 2016’s record order intake of 10.5 GW. The surge of orders at the end of the year has resulted in the company revising its guidance for free cashflow upwards. It now expects the free cashflow for 2017 to be €1.15bn-€1.25bn, as compared with the previous guidance of €450m-€900m. Markets have reacted favourably with the company share price experiencing an increase of 5%. 

January 5th 2018
Nordex Benefiting Increasingly From Renaissance Of Spanish Wind Energy Market

The Nordex Group is benefiting increasingly from the renaissance of the Spanish wind power market: utility Gas Natural Fenosa Renovables (GNFR) has now ordered 58 AW132/3300 from the company in December. The contract covers the installation of six wind farms as well as multi-year services for the turbines. Construction of the first turbines will commence in the summer of 2018 and all the projects are located in regions of Spain where the Nordex Group has manufacturing facilities. In addition, the towers will be produced locally using the process developed by the company.


 

   

PS_Wind Energy_Masters_171