Constellation Energy, Vineland city complete 6.5-MW solar project
Constellation Energy and the city ofVineland, which owns Vineland Municipal Electric Utility, have completed a 6.5-MW solar generation project that will supply affordable energy to the utility’s customers.
Constellation Energy’s retail business owns and maintains the solar power system. Under a 25-year power purchase agreement, the city will purchase all of the electricity generated by the solar panels at a fixed rate from Constellation Energy.
Vineland’s newest solar power system is comprised of about 27,896 photovoltaic panels, ground-mounted at two locations — 4 MW in West Vineland and 2.5 MW inNorth Vineland. The project is expected to generate about 10 million kWh of electricity per year.
Pike Research: Global wind power investment to reach $820 billion by 2017
Pike Research said in a recent report that wind power installations will represent a $153 billion global industry by 2017, up from $77 billion in 2011. Over that period, the cleantech market intelligence firm forecasts, cumulative investment in new wind power capacity will total $820 billion. Over that same period, total wind generation capacity, including both onshore and offshore projects, will increase from 235.8 gigawatts in 2011 to 562.9 GW in 2017.
Ulysses Diversified Holdings announces wind turbine contract
Ulysses Diversified Holdings Corp. announced that JNS Power & Control Systems Inc. has been awarded a 50-kW wind turbine electrical installation contract atGovernorsStateUniversityinUniversity Park,Illinois. The wind turbine will be assembled on site and be connected directly to the Family Development Centre building. JNS Power was awarded the contract to pull the new feeder cables from the main disconnect switch to the base of the wind turbine. The wind turbine will generate 141,650 kWh of electricity annually.
SPI Solar, KDC Solar Credit LS close $42M module sale transaction
SPI Solar has closed a transaction with KDC Solar Credit LS LLC, an affiliate of KDC Solar LLC, for the purchase of about $42 million of high-quality LDK solar modules all to be delivered to KDC this year.
In June 2011, SPI and its majority shareholder, LDK Solar, had entered into a three-year agreement with KDC Solar to serve as KDC Solar’s preferred provider of EPC and operations and maintenance services for a significant portion of KDC Solar’s portfolio of solar energy facility projects.