Construction on Broken Bow II began in January 2014-- creating more than 300 jobs during peak construction-- and had far reaching economic impacts beyond just those who are directly involved to community members who own and operate a range of local businesses. The facility's 43 turbines generate enough electricity to power about 30,000 homes.
Wind venture capital (VC) funding came in at $140 million in one deal in the third quarter-- compared to $48 million in four deals in the second quarter of 2014. In the third quarter of 2014, total corporate funding in the wind sector came totaled $2.4 billion, including VC funding, public market financing and debt financing.
Yahoo has entered into a long-term power purchase agreement of at least 10 years with OwnEnergy, a national developer of mid-sized wind farms. Under the terms of the agreement, Yahoo will purchase approximately half the output from the 50 MW Alexander wind farm in western Kansas, which will be used to offset much of its energy usage in the Great Plains region. The project is located south of Alexander, Kansas and will tie into the Southwest Power Pool Midwest Energy Transmission System.
Nuclear energy outperforms wind and natural gas in slowing the advance of climate change, according to an independent study by engineering firm Hatch for the Canadian Nuclear Association, which compares greenhouse gas (GHG) and other emissions from nuclear power plants, wind farms, natural gas plants, and wind farms backed by natural gas plants.
The Center for Rural Affairs is celebrating news that Hallam, Nebraska will be the site of a 54 turbine wind farm, as the developer, Volkswind USA, applied for special use permits this week. The center is also urging the Nebraska Public Power District to embrace wind.
The nuclear renaissance has been stalled for years, while renewable energy continues to expand rapidly, although it still has a long way to go to catch up with fossil fueled power plants, according to Worldwatch Institute's (WWI) Vital Signs Online analysis by senior researcher Michael Renner.
An $8 billion green energy initiative that would bring large amounts of clean electricity to the Los Angeles area by 2023 is being called "the 21 st Century's Hoover Dam." The project would require construction of one of America's largest wind farms in Wyoming, one of the world's biggest energy storage facilities in Utah, and a 525-mile electric transmission line connecting the two. The proposed project would generate more than twice the amount of electricity produced by the giant 1930s-era hydroelectric dam in Nevada-- 9.2 million megawatt-hours per year vs. 3.9 million megawatt-hours.
The commencement of commercial operations of DTE Energy's Echo Wind Park-- comprised of 70, 1.6 MW turbines across 16,000 acres in Huron County-- is being celebrated. The launch is particularly significant, especially after the November 7, 2013 failure during a six hour turbine reliability test where one of the turbine blades came crashing down. No one was injured, but DTE decided at that time to suspend commissioning activities.
Duke Energy Renewables, a commercial business unit of Duke Energy, will build the next phase of its Los Vientos Windpower Project in Starr County, Texas. The 110 MW Los Vientos V currently has 25-year power purchase agreements with Garland Power & Light, Greenville Electric Utility System and Bryan Texas Utilities (BTU).
The U.S. continues to lead the world in wind energy, ranking second in installed capacity, according to two reports released recently by the Department of Energy. The wind market in the United States remains strong due to increasing wind energy generation of decreasing wind technology prices, driving the U.S. closer to doubling wind power generation once again by 2020, the reports predict.