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

Calpine Completes Acquisition of Westcoast Energy Plants

LCG, Sept. 24, 2001--Calpine Corp. said on Friday its wholly owned subsidiary Canada Power Holdings Ltd. has completed the acquisition and assumed operations of two Canadian cogeneration plants from British Columbia-based Westcoast Energy Inc.

The acquisition adds 275 net megawatts of strategic natural gas-fired generation to Calpine's Canadian power portfolio. Calpine said it paid about $255 million (U.S.) for the plants.

The acquisition gives Calpine 100 percent interest in the Island Cogeneration facility, a 250 megawatt natural gas-fired electric plant located near Campbell River, British Columbia on Vancouver Island.

The plant, which is nearly completed, will deliver electricity to BC Hydro under the terms of a 20-year agreement and will also provide process steam to a nearby industrial concern under a 15-year contract.

Calpine also acquired a 50 percent interest in and assumed operations of the 50-megawatt Whitby Cogeneration plant, which provides power to Ontario Energy Financial Corporation, formerly Ontario Hydro, under the terms of a 20-year agreement. Located in Whitby, Ontario, the plant entered commercial operations in September 1998 and provides steam to a packaging firm.

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