AES expands wind capacity
The AES Corporation is expanding its wind generation business in the US through the acquisition of two wind farm projects totalling 186MW from GE Energy Financial Services. Financial terms of the transaction were not disclosed. With the addition of these two wind farms, AES will have more than 1,000 MW of wind facilities in operation or under construction in the US.
The projects include Lake Benton I, a 106.5MW wind farm in southwestern Minnesota, and Storm Lake II, a 79.5MW wind farm in northwestern Iowa. With an installed generation capacity of 186MW, these two projects can support the energy needs of approximately 50,000 homes in the US.
'The global market for wind generation is expected to more than triple in size by 2015, and we see tremendous opportunities in wind,' said Ned Hall, AES President, Renewable Generation. 'Through these acquisitions, AES will establish a strong presence in a region where demand for wind power is projected to continue to increase during the next few years.'
Register now to continue reading
Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.
Benefits of registering
-
In-depth insights and coverage of key emerging trends
-
Unrestricted access to special reports throughout the year
-
Daily technology news delivered straight to your inbox
UK Enters ‘Golden Age of Nuclear’
The delay (nearly 8 years) in getting approval for the Rolls-Royce SMR is most worrying. Signifies a torpid and expensive system that is quite onerous...