Global Leader in International Renewable Industry News

posted in:

First Wind - www.youroilandgasnews.com

First Wind, Avista announce start of commercial operations at Palouse Wind project in Eastern Washington

Wednesday, Dec 19, 2012

First Wind, an independent U.S.-based wind energy company, and Avista (NYSE: AVA) today announced that construction of the Palouse Wind project has been completed and commercial operations have begun. Located in Eastern Washington, the 105 megawatt (MW) First Wind project will be included in Avista’s diverse resource portfolio and will have the capacity to generate enough renewable wind energy to power the equivalent of approximately 30,000 of Avista’s customers’ homes.

“Palouse Wind is a good fit for CIRI and complements our diverse and developing portfolio of energy assets and experience.”

In addition, First Wind announced it has obtained a $50 million tax equity financing from Cook Inlet Region, Inc. (CIRI).

“We are very pleased to complete work on our Palouse Wind project and begin generating clean, renewable wind energy right here in Eastern Washington. This is our first project in Washington, and we’re proud to be a part of this community,” said Paul Gaynor, CEO of First Wind. “It is a testament to our partners, including Avista, whose commitment to the acquisition of competitive clean energy for its customers was critical in moving this project forward and our tax equity partner, CIRI, whose investment underscores the strength of this project.”

The 105 MW project features 58 state-of-the-art Vestas V100-1.8 MW turbines installed at the project site situated between the town of Oakesdale and State Route 195 on the hills surrounding Naff Ridge.

During construction, the Palouse Wind project pumped more than $25 million of direct spending into the regional economy and created hundreds of construction-related jobs and drove significant revenue for local businesses. Now in full commercial operations, the Palouse Wind project will continue to contribute to the local economy and is now the largest renewable energy facility in Whitman County.

“It’s good for our customers and communities to have Palouse Wind right in our backyard,” said Dennis Vermillion, president of Avista Utilities. “Palouse Wind will help us continue to provide our customers with renewable energy at some of the lowest prices in the country, while benefitting the local economy with jobs and tax revenues.”

Source: Business Wire

posted in:

Other Renewable News

Canadian Solar to supply 43MW of solar modules in Japan 23-04-2014
Nice-Pak products and PDI complete largest Rooftop solar array in Rockland County 22-04-2014
Renewable Energy Group achieves one billion gallon milestone 22-04-2014
KYOCERA invests in solar projects valued at $38M with U.S. Light Energy 22-04-2014
InterGen announces agreement with IEnova for the purchase of 50 percent of the first phase of the EnergĂ­a Sierra Juarez wind project 22-04-2014
Southern Company subsidiary and Turner Renewable Energy strengthen renewable portfolio by closing on second California solar plant 22-04-2014
SunEdison closes on 20 MW Adobe Solar plant 22-04-2014
Everblue awarded IREC Training Program Accreditation for solar installer and sales courses 21-04-2014
JinkoSolar files 2013 annual report on Form 20-F 21-04-2014
Trina Solar announces grid connection for 23.8 MW PV projects in UK 18-04-2014