Wind Energy News
On January 23, DistribuTECH, one of the fastest growing conferences and expos in the country is set to open. Affectionately called “DTECH” by those in the know, the show is designed to showcase innovation in the transmission and distribution space, which most Renewable Energy World readers know, is undergoing a mega-transformation as solar, energy storage and other forms of distributed energy resources have a growing presence on the grid.
Dallas-based Tri Global Energy concluded the development of over 1 GW of wind power in 2017, representing the highest-ever annual development of wind capacity for the nine-year-old company.
The developments were five Texas wind projects spread across seven counties.
“We are very pleased to have reached this important milestone,” says John Billingsley, Tri Global Energy’s chairman and CEO. “Texas is rich with many energy resources. Wind energy has quickly become a formidable competitor as transmission capacity and markets reform to accommodate greater usage.
“Yet the real power is in our partnerships with the local communities, which host our wind projects,” Billingsley continues. “The success of our community-based business model allows us to positively impact local economies through employment opportunities and tax revenues; generate a substantial rate of return to local community investors; and provide another source of income in the form of wind royalties for both farmers and landowners and other community investors.”
The company develops and owns utility-scale wind projects in Texas, New Mexico and Nebraska. In Texas alone, Tri Global Energy’s wind projects represent 3,464 MW.
The post Tri Global Energy Celebrates Wind Development Milestone appeared first on North American Windpower.
In order to expand innovative renewable energy sources available to provinces, Jim Carr, Canada’s minister of natural resources, has announced the launch of a C$200 million expression of interest for the Emerging Renewable Power Program.
The funding, which is part of the government’s investment of C$21.9 billion over 11 years to support green infrastructure under the Pan-Canadian Framework on Clean Growth and Climate Change, will help drive Canada’s efforts to build a clean economy by expanding commercially viable, investment-ready, renewable power technologies, such as tidal, geothermal and offshore wind.
According to Natural Resources Canada, the Emerging Renewable Power Program will reduce the risks associated with these technologies, help reduce their cost and allow the sector to more easily navigate through regulatory issues – making the technology more accessible in the long run. Over time, this will help Canada’s electricity system draw on a more diverse set of clean technologies and make an even greater contribution to the country’s climate change commitments, says Natural Resources Canada.
“This program will help pave the way to a low-carbon future by further diversifying Canada’s clean electricity mix, reducing greenhouse-gas emissions and supporting the growth of clean jobs and new green industries,” states Carr.
To help community members, businesses and other interested Canadians find information on federal programming to support the deployment of emerging renewable projects, a new webpage has been established, which includes a comprehensive guide to funding for eligible projects.
The post Canada Supports Program Seeking To Establish Offshore Wind appeared first on North American Windpower.
Global Infrastructure Partners (GIP) has completed its acquisition of Equis Energy, which calls itself the largest renewable energy independent producer (IPP) in the Asia-Pacific region (APAC).
GIP’s acquisition of 100% equity interest in Equis Energy has an enterprise value of $5 billion, including assumed liabilities of $1.3 billion. The net transaction consideration has been settled in cash.
Headquartered in Singapore, Equis Energy has more than 180 assets comprising 11,135 MW in operation, construction and development across APAC, including Australia, Japan, India, Indonesia, the Philippines and Thailand. For wind power specifically, Equis Energy’s assets total 2,252 MW of capacity and an additional 1,977 MW under development.
The companies claim the transaction is the largest renewable energy generation acquisition in history.
Equis Energy operates from 15 Asian offices, employing over 300 professionals. GIP is an independent infrastructure fund manager that invests in infrastructure assets in the energy, transport and water/waste sectors. GIP operates from New York City; London; Stamford, Conn.; and Sydney, Australia.
The post Global Infrastructure Partners Completes $5B Renewable Energy Acquisition appeared first on North American Windpower.
Enel Green Power México (EGPM) has started construction of the 93 MW Salitrillos wind farm, located in the northeastern Mexican state of Tamaulipas.
The overall investment in the construction of the facility amounts to approximately $120 million.
“The start of construction of Salitrillos wind farm broadens our leadership within the Mexican market, as it allows us to enter into a new, strategic, wind resource-rich state,” comments Antonio Cammisecra, head of Enel Green Power. “With the construction of this new power plant, assigned in one of our successful tender offers, we prove once again our commitment to deliver in a timely fashion on our tender results, fueling the country’s sustainable development with our green energy.”
Salitrillos, located in the municipality of Reynosa, is expected to enter into service by 2019. Once fully operational, the wind facility will be able to generate around 400 GWh annually. The construction site of Salitrillos will be based on Enel’s “Sustainable Construction Site” model, incorporating innovations such as water-saving systems and recycling processes.
The wind farm will be supported by a contract with Mexico’s Federal Electricity Commission. Specified volumes of energy will be sold over a 15-year period and the related clean certificates over a 20-year period.
The post Enel Begins Building Salitrillos Wind Farm In Mexico appeared first on North American Windpower.