in News Departments > Projects & Contracts
print the content item

An Austrian energy consortium, the wind company GmbH, will acquire a one-third interest in Springfield Project Development LLC's 405 MW Sugar Creek wind project, which is now in advanced development in central Illinois.

The Sugar Creek project has been a joint venture of American Wind Energy Management Corp. (AWEM) and Oak Creek Energy Systems Inc., a subsidiary of Marubeni Corp. The project has obtained land rights, as well as advanced transmission interconnection and site development and permitting.

Marubeni Corp., a Japanese trading company, provided funding for the initial stages of development in concert with Euro Wind Energy Management GmbH and KG, a German developer.

The Sugar Creek project is expected to be constructed in multiple phases over the next three years, with commercial operation for the first phase set for late 2011.

SOURCE: Oak Creek Energy Systems Inc.


Trachte Inc._id1770
Latest Top Stories

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008