in News Departments > Projects & Contracts
print the content item

A partial loan guarantee from the U.S. Department of Energy (DOE) for a $1.3 billion loan has been finalized to support the Caithness Shepherds Flat project. The 845 MW project will be located in eastern Oregon and is being developed by Caithness Energy LLC and GE Energy Financial Services.  

The wind project will use 338 GE 2.5xl wind turbines. Once completed, the project will sell all of the power and renewable energy credits generated to Southern California Edison under 20-year fixed-price power purchase agreements.  

The project is expected to directly employ 400 workers during construction and 35 workers during operation, according to Caithness Energy.   

SOURCE: The U.S. Department of Energy


Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015