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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

Construction Begins at Tyr Energy's Hickory Run Energy Center

LCG, August 24, 2017--Tyr Energy, Inc., Kansai Electric Power Co., Inc. (Kansai) and Siemens Financial Services, Inc. (Siemens) announced Monday that they have started the construction of the Hickory Run Energy Center, LLC Power Plant, located approximately 45 miles northwest of Pittsburgh, Pennsylvania. The 1,000-MW, gas-fired project is scheduled to achieve a commercial operation date in April 2020.

The Hickory Run Energy Center will be a combined-cycle energy facility. The project includes two Siemens SGT6-8000H gas turbine generators, two heat recovery steam generators (HRSGs), and a Siemens steam turbine generator. The plant is expected to cost approximately $915 million.

The project is well-located among the Marcellus and Utica natural gas production areas, with access to Tennessee Gas Pipeline Zone 4. The power generated by the project will be delivered into the PJM Interconnection.

Tyr Energy, LLC will provide all asset management services upon commercial operations and NAES Corporation (NAES), a Tyr affiliate, will provide operations and maintenance (O&M) to the project.

The project was originally developed by an affiliate of LS Power Associates, LP.
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