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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 to Buy 2,255 Megawatts of Generation

LCG, July 11, 2001NRG Energy Inc. said yesterday it has agreed to purchase power plants with a total capacity of 2,255 megawatts from Indeck Energy Services, a company specializing in the development of generating stations.

NRG said the portfolio includes combined-cycle and peaking power plants that primarily serve the Chicago energy market. The company expects the acquisition to achieve financial close this month.

"The acquisition of these assets complements NRG's strategy of developing significant generationwith the Chicago-St. Louis-New Orleans corridor," said chief executive David H. Peterson. "This marks a new development in our long relationship with Indeck as they are now providing project development services to NRG."

The assets include the Rockford I and II Energy Centers, located 75 miles west of Chicago inRockford, Ill.; Bourbonnais I and II Energy Centers, located 50 miles south of Chicago; and the IlionEnergy Center, located in central upstate New York, NRG said.

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