|
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
. | ![]() |
. |
|
![]() |
![]() by Staff Writers Charlotte NC (SPX) May 28, 2009
Duke Energy took another step in expanding its renewable energy portfolio with the announcement that it is acquiring a 70-megawatt wind power project in Pennsylvania - the company's first in the eastern U.S. Duke Energy will purchase the North Allegheny Windpower Project from wind turbine manufacturer and project developer Gamesa Energy USA. The North Allegheny project consists of 35 Gamesa wind turbines, each capable of producing two megawatts (MW) of electricity. Construction of the wind power project, located in Blair and Cambria counties, Pa. - roughly 95 miles east of Pittsburgh - is nearing completion and final commissioning is under way. With the acquisition comes a 23.5-year power purchase agreement to sell all of the output from the wind farm and associated renewable energy credits to FirstEnergy. The site will begin generating clean, renewable electricity for FirstEnergy later this year. "The purchase of the North Allegheny Windpower Project in Pennsylvania marks a milestone for Duke Energy and its renewables business," said Wouter van Kempen, president of Duke Energy Generation Services (DEGS), a business unit of Duke Energy that owns and develops renewable power assets. "This acquisition immediately expands our wind power portfolio beyond the western U.S., where we have half a dozen projects already in operation or under construction." The acquisition is expected to close in the third quarter of 2009. No other terms were disclosed. Duke Energy has more than 500 MW of wind-powered generation in operation - a figure that will rise to more than 700 MW by the end of 2009. The company has an additional 5,000 MW in potential wind energy development projects. May marks the two-year anniversary of Duke Energy's entrance into the wind power business. In total, the company has committed more than $1 billion since 2007 to build its wind energy business. Duke Energy Generation Services (DEGS) develops, owns and operates electric generation for large energy consumers, municipalities, utilities and industrial facilities. DEGS specializes in developing innovative and environmentally sound generation solutions using a variety of fuels, including wind and other renewable energy sources.
Related Links Duke Energy Wind Energy News at Wind Daily
|
![]() |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement |