in News Departments > Projects & Contracts
print the content item

International investment and advisory firm Babcock & Brown has signed an agreement with Celanese Corp., a Dallas-based chemicals manufacturer, under which Babcock & Brown plans to develop power generation - as well as evaluate possible future renewable energy projects - at the site of Celanese's Pampa, Texas, facility.

The new baseload power generation at the Celanese site will complement Babcock & Brown's wind power production and increase the utilization of transmission lines delivering the power into the Electric Reliability Council of Texas grid, according to the company. This grid currently has only limited connection to the state's key wind energy areas in the Panhandle.

"New transmission infrastructure is essential to allow all Texans to access the world-class wind resources of the Panhandle and to allow the existing Celanese infrastructure to help maintain adequate electric generation capacity reserves to meet growing demand," says David Parquet of Babcock & Brown.

Celanese will continue operations at the site until at least early 2009, the companies add, while Babcock & Brown develops the energy projects and needed transmission lines are built to the region. Baseload electric generation could be operational at the site as early as 2009.


Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.

Renewable NRG_id1934
Canwea_id1984
UnitedEquip_id1995
Tower Conference_id1965