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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

NextEra Commissions Largest Concentrated Solar PV Project in North America

LCG, October 26, 2011--NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc., recently commissioned the Hatch Solar Center, located in Hatch, New Mexico. The 5-MW facility is now the largest concentrated photovoltaic solar facility operating in North America. The facility initially began operating in June, and the power generated is purchased by El Paso Electric under a 25-year power purchase agreement (PPA).

The Hatch Solar Center employs 84 Amonix 60-kW units and include dual-axis tracking systems to maximize energy production throughout the day. Amonix CEO stated, "The Hatch Solar Energy Center is in a prime sunny and dry location, perfect for Amonix technology, which generates more energy per acre than any other solar technology."

According to a recent presentation, NextEra Energy Resources has substantial wind and solar investments planned for 2011 through 2014 for which it has already secured long-term power purchase agreements, and its capital expenditures in 2011-2012 are estimated to be slightly higher for solar ($1.675 - $1.875 billion) than wind ($1.450 - $1.650 billion) projects.
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