EDPR completes construction of its 205MW wind farm in USA
Construction has been completed at EDP Renewables’ (EDPR) Bright Stalk Wind Farm, a 205 MW onshore wind project located northeast of Bloomington-Normal in McLean County, Illinois.
Bright Stalk represents a capital investment of US$320 million and will pay up to US$2.6 million per year in local taxes, which will contribute to and benefit McLean County’s schools, roads, and other important public services. Millions of dollars will also be paid out as an additional source of income to local farmers and landowners who lease a small percentage of their land to the wind farm to house the project’s turbine.
Mortenson was the civil contractor in charge of the Bright Stalk Wind Farm’s construction. Vestas supplied the V136 3.6 MW turbines that were installed during the project which will produce enough clean electricity to annually power around 73,000 average Illinois homes.
The project has two 15-year PPA´s signed with Wallmart and Salesforce. Wallmart is purchasing the output from a 123 MW portion of the farm capacity. Salesforce has a virtual PPA for 80 MW capacity. Both PPA´s were signed in October 2018.
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February 20, 2020
Energy Summit to welcome key investors and public and private stakeholders in Miami
The 4th Latin America Energy Forum at the JW Marriott Hotel in Miami will host over investors and public and private stakeholders across Latin America’s energy sector.
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February 10, 2020
307 MW wind farm commissioned in USA
Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc., has announced that it has completed the commissioning of the 307.06 MW Karankawa Wind Farm in Texas on December 30, 2019.
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January 30, 2020
WEC acquires 80% of 250 MW onshore wind project in USA
WEC Energy Group has agreed to acquire an 80% ownership interest in 250 MW Blooming Grove Wind Farm. The project is being developed in McLean County, Illinois by Invenergy. Commercial operation of the wind farm is expected to begin by the end of 2020.
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January 28, 2020
DC Solar, a Ponzi scheme that scams Warren Buffett and other investors
The FBI accused DC Solar, the solar generator company founded by Jeff and Paulette Carpoff (husband and wife), of basically set up a Ponzi scheme, paying back earlier investors with the funds received from new investors. According to Reuters, Jeff Carpoff pleaded guilty to money laundering and conspiracy to commit wire fraud, while Paulette Carpoff pleaded guilty to money laundering and conspiracy to commit an offense against the United States.
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January 24, 2020
Development partnership on a 400 MW energy project in USA
Capital Dynamics has entered into a development partnership with 8minute Solar Energy through the equity financing and acquisition of the breakthrough Eland Solar & Storage Center, a 400 MWac solar and storage center project located in Kern County, California. The project features a 300 MW/1200 MWh energy storage facility, making it one of the largest in the world and the record low-cost for this type of facility. Financial details of the transaction were not disclosed.
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