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

Sale of Brazil Utility Copel Delayed

LCG, Oct. 31, 2001--The government of the state of Parana in Brazil yesterday postponed today's privatization sale of 88.64 percent of its Companhia Paranense de Energia (Copel) because none of the qualified bidders had deposited financial guarantees.

The Parana state government said in a news release that a new sale date would be established as soon as legal conditions are met and a state official said that could be as soon as November 12. In its statement, Parana said the new deadline for financial guarantees would be November 6.

Not everyone saw the delay as a bad thing. "There is more time now for companies to unite in consortiums," said Andre Segadilha, a Brazilian electricity sector analyst. The postponement will also give the state of Parana time to deal with two court injunctions blocking the sale.

One company -- Brazilian mining giant Vale do Rio Doce -- said it would drop out of a consortium with the industrial firm Votorantim, but it was unknown whether the latter would proceed alone or try to find another partner.

Belgium's Tractebel remains the leading bidder for Copel.

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