in News Departments > Projects & Contracts
print the content item

Stamford, Conn.-based GE Energy Financial Services, a global investor in wind, solar, biomass, hydro and geothermal power, is financing the construction and operation of Tawhiri Power LLC's 21 MW Pakini Nui wind farm. The wind farm will be constructed in South Point on the island of Hawaii - one of the world's windiest habitable locations, the companies say.

The wind farm will annually produce electrical energy estimated to be sufficient for more than 10,000 homes. According to the companies, it will also reduce greenhouse gas emissions by more than 22,000 tons per year.

"This transaction helps oil-dependent Hawaii meet its renewable energy target in the spirit of GE's ecomagination initiative, broadens our geographic footprint and supports Tawhiri's vision of a best-in-class wind farm," says Kevin Walsh, GE Energy Financial Services' managing director and leader of its renewable energy team. "Ecomagination is GE's initiative to help its customers meet their environmental challenges."

GE Energy will supply 14 of its 1.5 MW wind turbines to the project, which is expected to become operational in early 2007.


Trachte Inc._id1770
Latest Top Stories

Alberta Breaks Wind Power Record, Then Does It Again

Last week, the Alberta Electric System Operator recorded new wind production peaks in the Canadian province - highlighting how well the grid integrated the renewable energy.


Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.

Renewable NRG_id1934
Navigant_id1983
Canwea_id1984