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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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Duke Energy Plans to Pursue Second Nuclear Operating License Renewals for Nuclear Fleet

LCG, September 20, 2019--Duke Energy announced yesterday that it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. The company plans to submit the license renewal application for Oconee Nuclear Station in 2021, followed by its other nuclear stations.

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Industry News

Walmart and EDPR Announce PPAs for 233 MW of Wind Energy

LCG, October 18, 2018--Walmart and EDP Renewables (EDPR) announced Tuesday three power purchase agreements (PPA) for electricity generated from three utility-scale wind farms that will be developed, owned and operated by EDPR. The total electric generating capacity from the three new projects to be installed in Illinois and Indiana is 233 MW.

Walmart's Vice President of Energy stated, "Walmart has a goal to be supplied by 100 percent renewable energy and sourcing energy from wind farms developed by partners like EDP Renewables is a core component in the mix. Wind energy is an important part of our energy portfolio, and Walmart plans to continue our efforts to pursue renewable energy projects that are right for our customers, our business, and the environment."

The CEO of EDP Renewables North America said, "The declining cost of renewable power has led to an increase in clean energy procurement from companies like Walmart in recent years. The continued commitment from corporate entities in procuring renewable energy speaks volumes about the importance and value of securing fixed, competitive pricing over the long-term. EDP Renewables appreciates its partnership with Walmart and commends the company in its efforts to source all of its energy from renewable sources."

The Bright Stalk Wind Farm will provide 123 MW of capacity. The wind farm is a 205 MW project in McLean County, Illinois, scheduled to commence operations in 2019; this PPA is a part of the announcement EDPR issued on July 3, 2018.

The second project is the Headwaters II Wind Farm that will provide 60 MW of capacity. This wind farm is a 200 MW project in Randolph County, Indiana, with operations expected to start in 2020. This PPA is a part of the announcement EDPR also issued on July 3, 2018.

The third project is the Harvest Ridge Wind Farm, formerly Broadlands Wind Farm, which will provide 50 MW. The project is a 200 MW project in Douglas County, Illinois, with operations expected to start in 2019. This PPA is a part of the announcement EDPR issued on May 10, 2018.

EDPR currently operates 797 MW of wind energy projects in Illinois and 801 MW of wind energy projects in Indiana.
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