An item in the March 13 Wind Energy SmartBrief misstated the status of a Vestas facility in Pueblo, Colo. The company has not identified whether the facility will be made available for sale under its recovery plan. SmartBrief regrets the error.
The Department of the Interior announced the approval of one utility-scale wind project and two solar projects that when completed will have a combined capacity to power 340,000 homes. The projects are Duke Energy's 200-megawatt Searchlight Wind Energy Project in Searchlight, Nev., NextEra Energy's 750-MW McCoy Solar Energy Project near Blythe, Calif., and EDF Renewable Energy's 150-MW Desert Harvest Solar Farm near Desert Center, Calif.
A bill in the Maine legislature seeks to repeal the 100-megawatt limit on generation facilities contributing to the state's renewable portfolio standard. The state's RPS currently puts a 100-MW cap on renewable-energy plants, excluding wind farms. Supporters of the measure say it could drive down electricity rates by encouraging the influx of cheap hydro power from Canada, but critics argue that tinkering with the RPS may affect its ability to create jobs and attract investments to the state.
The commissioners of Ford County, Ill., are considering a proposed road-use agreement for Vision Energy's already-approved, 94-turbine K4 Wind Farm project. Approval of the road-use contract represents one of the final hurdles for the project. Meanwhile, the county's planning commission is scheduled to meet today to discuss a special-use permit application for the Dogtown Wind Project, a proposed wind farm near Paxton.
Gestamp Wind Energy has closed the transaction to sell and lease back a wind farm in Puerto Rico to Sovereign Bank for $88 million, according to CohnReznick and Reznick Capital Markets Securities. The 23.4-megawatt wind facility has an agreement with the Puerto Rico Electric Power Authority, which buys 100% of the farm's generated energy.
Vestas Wind Systems intends offer some of its factories around the world up for sale. However, the Denmark-based wind company said its Pueblo, Colo., tower factory will not be available for sale, as it is ramping up operations to meet demand. The company said that it does not plan to identify facilities up for sale until negotiations are completed.