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New York PSC Approves Ravenswood Energy Storage Project

LCG, October 18, 2019--The New York State Public Service Commission (PSC) yesterday approved construction of the largest battery storage facility in New York State history. The 316-MW Ravenswood Energy Storage Project will be built in Long Island City, Queens, New York and scheduled to be partially operational by March 2021.

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Xcel Energy, EVRAZ North America and Lightsource BP Announce 250-MW Solar Project in Colorado

LCG, October 1, 2019--Xcel Energy, EVRAZ North America and Lightsource BP announced Friday that they have reached a long-term agreement to develop a 240-MW solar facility in Colorado. Lightsource BP will finance, build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement (PPA). The project will be built on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

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Industry News

Construction Begins at Majestic Wind Farm in Texas

LCG, September 17, 2008--Babcock & Brown announced yesterday that it has closed on the financing and has started construction of the Majestic Wind Farm, which is located northeast of Amarillo, Texas. The electric generating capacity of the project is 79.5 MW, and full commercial operation is scheduled to be achieved by year-end.

Babcock & Brown plans to dramatically increase its generating capacity in the region. A Babcock & Brown spokesperson stated, "The Majestic Project will be followed by Majestic II next year, and then by our 1,000 MW Panhandle Wind Project, once the ERCOT CREZ (Competitive Renewable Energy Zone) transmission facilities are in place."


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