in News Departments > Projects & Contracts
print the content item

Direct Energy, a non-utility retail energy provider, has signed a 15-year power purchase agreement with Horizon Wind Energy, a wind farm developer and subsidiary of Goldman Sachs Group Inc.

Direct Energy will purchase all of the energy output and renewable energy credits from Horizon Wind's 200 MW Lone Star Wind Farm located 15 miles northeast of Abilene, Texas. The wind farm is scheduled to be operational in the spring of 2007.

"Renewable energy development provides major benefits for industry, consumers and the environment, and the Lone Star Wind Farm specifically affords us the opportunity to secure a long-term source of clean energy and deliver on our commitment to providing our customers with a renewable product," says Phil Tonge, president of U.S. operations for Direct Energy.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

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.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.


How To Mitigate Blade Issues And Costly Downtime

Routinely inspecting your turbine's blades can help identify problems early on, ultimately cutting down unscheduled maintenance costs.

Canwea_id1984
Renewable NRG_id1934