AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

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Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

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Industry News

NRG Energy Buys PowerGen's Hungarian Assets

LCG, July 2, 2001--NRG Energy Inc. of the U.S. said yesterday that it has entered the Hungarian energy market with its purchase from PowerGen Plc of the UK of two power plants located on Csepel Island in Budapest.

Csepel I is a 116 megawatt thermal plant and Csepel II is a 389 megawatt gas turbine power generating station. Csepel II reached commercial operation in November of last year and is the primary facility, the company said.

"NRG made this investment in the Hungarian market because it is strong and it is strategically located in our Central Europe core market region," said Steven H. Wolf, NRG's vice president and managing director for Central and Eastern Europe.

Wolf praised the operation for "its skilled workforce, commercial soundness, and its advanced emission reduction technology."

NRG has also acquired PowerGen's interest in two German energy businesses, Mibrag and Saale Energie GmBH. With its acquisition of PowerGen's interest in Saale Energie, NRG increased its ownership of the Schkopau power station from 200 to 400 megawatts megawatts.

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