in News Departments > Projects & Contracts
print the content item

Charlotte, N.C.-based Duke Energy has announced that it is expanding its renewable energy portfolio through a contract to purchase 100 1.5 MW wind turbines from General Electric (GE).

The turbines, capable of generating a total of 150 MW, are anticipated to be in service in the 2009-2010 time frame on sites currently under review in the western and southwestern U.S.

The company's wind generation assets are managed by Duke Energy Generation Services (DEGS), a Duke Energy subsidiary that focuses on renewable energy, commercial power and on-site energy across the U.S.

"Our agreement with General Electric increases our investment in the wind business and further expands Duke Energy's renewable energy fleet," says David Marks, DEGS senior vice president for wind energy development.

Terms of the contract with GE were not disclosed.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Canwea_id1984
Hybrid Energy Innovations 2015
Renewable NRG_id1934