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AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

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Duke Energy Florida Announces New Solar Power Projects

LCG, January 29, 2020--Duke Energy Florida (DEF) Monday announced the locations of its two newest solar power plants that will provide a combined installed capacity of nearly 150 MW. DEF is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities from 2018 through 2022 in Florida, and planning for another 1,500 MW of solar generation through 2028.

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Industry News

SRP Expands Plans for New Solar Energy to 1,000 MW by 2025

LCG, November 20, 2018--Salt River Project (SRP) recently announced plans to add 1,000 MW of new utility-scale solar energy to its system by the end of fiscal year 2025. The new plan will accelerate the pace and increase the total capacity of SRP's solar energy resource plans by 700 MW relative to the current resource plans during the same timeframe. The new plan is driven by decreasing costs for solar power and customer's growing interest in solar energy.

SRP plans to add approximately 200 MW of new solar annually through 2025. The incremental installation will provide both the ability to evaluate the impact to the reliability of SRP's electrical grid and valuable operational experience. By the end of fiscal year 2025, SRP will have a total of over 1,200 MW of solar energy capacity and will be considering the installation of more battery capacity to complement the solar energy.

SRP's CEO and General Manager stated, "This proposal represents a growing commitment to sustainability that is both reliable and affordable. It focuses on investments in utility-scale solar projects that have higher solar capture efficiencies and therefore provide optimal value for our customers."

SRP plans to evaluate programs to allocate the new solar capacity to various customer groups, including community solar for residential customers.

"Over the past several months, we have had discussions with residential customers and many of our larger commercial, industrial and municipal customers regarding their needs for sustainable resources. Several customers have asked us to work with them on providing resource options that help them achieve their goals," said SRP's CEO. "This proposal is a foundational part of providing programs that bring increased value to our customers while partnering with them to achieve mutually desired renewable energy goals."
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