Mitsui invests $12M in Tres Amigas
Mitsui & Co. Ltd. has agreed to invest $12 million in Tres Amigas LLC, also known as the Tres Amigas SuperStation. In exchange, Mitsui will obtain an equity position and actively participate.
By partnering with Tres Amigas, Mitsui plans to further internationalize their “Smart Green Information Technology” business model, which includes Smart Grid IT, renewable energy development and management and CO2 emissions mitigation strategies. The SuperStation project represents, in essence, the world’s first high capacity “Renewable Energy Hub,” although trading of conventional sources of electricity will be accommodated, too. This first-of-its-kind power transmission hub is designed to interconnectAmerica’s three primary electricity grids, the Eastern, Western andTexasnetworks by utilizing information technology.
The SuperStation will cost $1.5 billion and is expected to be completed in different stages. Engineering design for Phase I is well underway, with construction scheduled to commence in 2012. Phase I is expected to enter commercial operations in 2015.
Ballard’s fuel cell modules to power 25 buses in Sao Paulo, Brazil
Ballard Power Systems has inked a letter of intent with The City of Sao Paulo, Brazil, for 25 FCvelocityTM-HD6 fuel cell modules to power 25 buses in that city. A final agreement with The City of Sao Paulo is now in negotiation. The modules are expected to be delivered in 2012. Ballard Power Systems’ sixth generation FCvelocityTM-HD6 fuel cell module features a control unit which interfaces with a system controller to make it a “plug-and-play” product for any fuel cell or hybrid fuel cell bus platform. The module also offers significant advances in durability, power density and fuel efficiency compared to earlier generation products.
Sempra Generation completes 42-MW installation Mesquite Solar 1 project
Sempra Generation has completed the installation of three blocks of solar panels totaling 42 MW at its Mesquite Solar 1 project inArlington,Ariz.The company expects that the entire 150-MW photovoltaic solar project will be completed in early 2013. The 900-acre solar facility will deliver power to Pacific Gas and Electric Co. under a long-term, 20-year contract.
Mesquite Solar 1 is the first phase of Sempra Generation’s Mesquite Solar Complex, a facility that could grow to 700 MW.