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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

Reliant May Sell Benelux Electric Subsidiary

LCG, Sept. 18, 2001--A unit of Reliant Energy Inc. said yesterday that it is considering selling a Dutch electric generation business it acquired in 1999 for $2.4 billion.

The Netherlands company, called UNA at the time Reliant bought it, is now called Reliant Energy Power Generation Benelux, and is a unit of Reliant Resources Inc., which was spun off from Reliant Energy but is still 80 percent owned by the Houston firm.

The possibility of selling Reliant Energy Power Generation Benelux is part of an overall evaluation of strategic alternatives, the company said in a news release.

"Reliant Resources continually evaluates its business portfolio and makes adjustments as necessary to ensure that our capital and human resources are optimally deployed to support the company's growth objectives," Robert Harvey, an executive vice president of Reliant Resources said in a statement.

When Reliant bought UNA, the company said the Dutch firm gave it a presence for further expansion in Europe. Now, according to spokeswoman Sandy Fruhman, Reliant will continue its European presence though its wholesale marketing and trading business, which is not affected by the strategic review.

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