in News Departments > Projects & Contracts
print the content item

State regulators have approved changes in two contracts between Idaho Power Co. and Piedmont, Calif.-based Energy Vision LLC, the developer of Hot Springs Wind Farm LLC and Bennett Creek Wind Farm LLC. The two 10 MW wind projects were originally required to be online by Dec. 31, but the developer found that unanticipated upgrades to Idaho Power's transmission network will be needed before the projects can be built. 

Idaho Power explains that the delay in interconnection has caused the projects' investor and wind turbine supplier to reallocate the wind farms' turbines to other projects. Bennett Creek and Hot Springs must now wait for the next available turbines, which are due before the end of this year. One of the contract amendments requires a modification of the turbine type and size.

In addition, Idaho Power will now allow the developer about one more year to bring the projects online before having to pay the Boise, Idaho-based utility delay damages. Both Bennett Creek and Hot Springs have agreed to provide Idaho Power with liquid security in an amount sufficient to cover the delay liquidated damages in the event the projects do not meet new deadlines, Idaho Power adds.

IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015