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Duke Energy Announces Plans to Invest $30 Million to Install Two Battery Storage Projects in North Carolina

LCG, September 22, 2017--Duke Energy announced yesterday plans to invest $30 million in two new lithium-ion battery energy storage systems in North Carolina that are expected to be online in 2019. The two sites identified are the first of a larger company plan to deploy energy storage for the region, and further details regarding the two projects will be filed with the North Carolina Utilities Commission in early 2018.

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GM Announces Power Purchase Agreements for Renewable Energy from New Wind Farms in Ohio and Illinois

LCG, September 21, 2017--General Motors announced Tuesday long-term power purchase agreements (PPAs) for renewable energy from two wind farms with a combined electric generating capacity of 200 MW. The two new PPAs will allow for all of GM's Ohio and Indiana manufacturing facilities to meet their electricity needs with 100 percent renewable energy by the end of 2018. Last September, GM announced last September plans to generate or source all electrical power for its 350 operations in 59 countries with 100 percent renewable energy by 2050.

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Industry News

Big First Quarter Gains in New Wind Turbine Capacity in U.S.

LCG, May 4, 2017--The American Wind Energy Association (AWEA) released on Tuesday its new U.S. Wind Industry First Quarter 2017 Market Report. AWEA's evaluation concludes that a total of 908 utility-scale turbines were installed in the first quarter of 2017, adding 2,000 MW of electric generating capacity. According to AWEA, the installations represent the wind industry's strongest start in eight years. AWEA's CEO stated, "We switched on more megawatts in the first quarter than in the first three quarters of last year combined."

Twelve states commissioned a total of 25 projects during the first quarter. Texas continues to be the national leader, installing 724 MW in the first quarter, with a total of 21,000 MW now installed. Kansas, New Mexico and North Carolina followed in first quarter installations, with 481 MW, 242 MW and 208 MW, respectively.

Looking ahead, AWEA reports that there are now 9,025 MW of new wind generation capacity under construction, plus 11,952 MW in advanced development, for a total of 20,977 MW of wind capacity. With respect to power purchase agreements (PPAs), AWEA reports that there were 1,781 MW signed in long-term contracts for wind energy, the most in a first quarter since 2013.
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