The World's #1 Renewable Energy Network for News, Information, and Companies.

Iberdrola Opens Texas Wind Farm, Receives Approval for Vermont Project

Texas already leads the nation in producing wind power, and now the states's newest wind farm, the 202-megawatt (MW) Penascal Wind Power Project developed by Iberdrola Renewables started producing electricity this week.

“The Peñascal Wind Power Project is a great example why Texas continues to be a leader in the world energy markets,” said Jerry Patterson, Commissioner of the Texas General Land Office. “Wind power isn’t growing in Texas because it’s an environmental fad; Texas leads the nation in wind power because it’s making money, and I’m here to support that.”

The Peñascal project uses 84 Mitsubishi turbines. The power generated will be delivered to customers of CPS Energy of San Antonio and the South Texas Energy Cooperative (STEC). Both CPS and STEC have 15-year agreements to purchase output from the Peñascal’s output.

In a related story, the Vermont Public Service Board last week, gave Iberdrola and its Deerfield Wind subsidiary the green light to continue development of a 30-MW wind farm in the Green Mountain National Forest.

The decision was handed down with some conditions attached, one of which requires that "most" of the power from the wind farm must be sold to Vermont utilities. The PSB didn't specify how much "most" would be, but it did specify that that Deerfield should enter into long-term contracts offering stable prices with Vermont power companies.

The towns of Readsboro and Searsburg, where the wind farm is set to be located, would be paid annually by Deerfield for hosting the wind turbines. Readsboro would receive US $154,000 while Searsburg would get $240,000.

Another condition to the decision states that should the wind facility produce less than 65 percent of its projected output for two consecutive years, a process of decommissioning would be initiated. This requirement falls to 50 percent of production if Deerfield signs long term contracts with Vermont utilities. Deerfield has 90 days to update the Public Service Department on contract deals.


Rooftop Solar Panels

Hypocrisy? While Buffett Champions Renewables, His Company Fights Rooftop Solar

Mark Chediak, Noah Buhayar and Margaret Newkirk, Bloomberg Warren Buffett highlights how his Berkshire Hathaway Inc. utilities make massive investments in renewable energy. Meanwhile, in Nevada, the company is fighting a plan that would encourage more residents to use green power.
Renewable Energy Finance

Clean Energy ETFs Are on a Tear

Eric Balchunas, Bloomberg Green investing used to be synonymous with losing money. But while the S&P 500 Index is up 2 percent this year, and the MSCI All-Country World Index is up 5 percent, clean energy ETFs have double-digit re...

Wheels, Towers and Trees: Unconventional Renewable Energy Technologies in the Pipeline

Andrew Williams, International Correspondent A number of companies around the world are developing novel technologies in an effort to grab a slice of the global renewable energy market.  Although many of these technologies are simple incremental improvements to e...
UK Parliament Clean Energy Leaders

UK Government Names Clean Energy Cabinet Members

David Appleyard, Contributing Editor With the UK general election now over and a majority Conservative Party government in place, the re-elected Prime Minister David Cameron has now named key members of the government charged with steering the UK’s clean energ...


Volume 18, Issue 3


To register for our free
e-Newsletters, subscribe today:


Tweet the Editors! @megcichon @jennrunyon



Doing Business in Brazil – in partnership with GWEC, the Global Win...

Brazil is one of the most promising markets for wind energy.  Ranke...

Energy Storage USA 2015

Energy Storage USA is the leading conference in the United States focuse...

Wind Power Central America

Wind power projects are expected to reach 46GW of total installed capaci...


SunEdison Expands Residential Market Offerings with New PPA, Sales ...

SunEdison has largely focussed on the commercial and utility-scale solar...

Are You Ready for a Natural Disaster?

Guest post by Jenna Clarke  Living in the Shenandoah Valley of Virg...

Deadline for Inclusion in Solar Power World's Top Solar Contractors...

UPDATE: The official deadline for the Solar Power World T...


Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now