in News Departments > Projects & Contracts
print the content item

EDF Renewable Energy has executed a turbine supply agreement (TSA) with GE for up to 200 MW of wind turbines. The agreement covers the supply of GE 1.85 MW models for U.S. wind projects beginning construction this year.

The first turbines under the TSA will be deployed at the Hereford Wind Project in the Texas Panhandle. EDF and Lincoln Renewable Energy (LRE), a developer of wind and solar projects, have executed a membership interest purchase agreement, under which EDF will acquire the first phase (200 MW) of the Hereford project, as well as an option agreement for a total of up to 500 MW. Additionally, EDF has successfully secured a long-term hedge on the first phase.

“The execution of the turbine supply agreement, along with the closing of a long-term hedge, are important elements of our near-term U.S. wind business plan,” says Ryan Pfaff, executive vice president of EDF Renewable Energy.

EDF Renewable Energy says its U.S. portfolio spans 16 states with 4 GW of developed projects and an installed capacity of almost 2 GW.




Advertisement

Trachte_id2056
Latest Top Stories

Deepwater Hits Financial Close For Block Island Wind Farm, Expects Summer Construction

The Providence, R.I.-based offshore wind developer becomes the first to financially close on a U.S.-based offshore wind project.


More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.

Hybrid Energy Innovations 2015