Current:Home > ContactGE business to fill order for turbines to power Western Hemisphere’s largest wind project -Wealth Momentum Network
GE business to fill order for turbines to power Western Hemisphere’s largest wind project
View
Date:2025-04-11 14:49:32
ALBUQUERQUE, N.M. (AP) — A business to be spun off by General Electric will build hundreds of turbines for what will be the largest wind project in the Western Hemisphere, part of a massive equipment order and long-term service agreement with the global renewable-energy giant Pattern Energy.
GE Vernova officials announced the agreement Tuesday, saying it is the largest onshore wind turbine order received by the company, both in quantity and in the amount of electricity that the 674 turbines will eventually generate when the SunZia Wind Project comes online in 2026.
Construction already is underway on the SunZia wind farm and an associated multibillion-dollar transmission line that will funnel power to populated markets in the western United States. Pattern Energy just weeks ago announced that it had closed on $11 billion in financing for the projects.
Backers see SunZia — described as an energy infrastructure undertaking larger than that of the Hoover Dam — as a pivotal project. The venture has attracted significant financial capital and stands to boost the percentage of the nation’s electricity that comes from renewable sources amid escalating state and federal energy mandates.
In December, the U.S. Energy Department reported that the private sector over the past three years has announced investments of more than $180 billion in new or expanded clean energy manufacturing projects across the nation, including spending on development of larger, higher capacity wind turbines. GE has been among the companies to take advantage of tax credits included in the federal Inflation Reduction Act.
However, after years of record growth, the industry group American Clean Power expects less land-based wind to be added in the U.S. by year’s end — about enough to power 2.7 million to 3 million homes.
While companies are taking advantage of government incentives now, it can take years to bring projects online, the industry group said.
The SunZia Wind Project will span three counties in rural New Mexico. Crews already are constructing the concrete platforms that will support the turbines, and developers expect the first turbines to rise this autumn.
Pattern Energy CEO Hunter Armistead said the project will serve as a backbone for a cleaner, more reliable grid for customers across the western U.S. The company already has signed long-term power purchase agreements with Shell Energy North America and the University of California for a portion of the electricity that will be generated.
“Construction is in full swing on SunZia, using American-made turbine components and creating thousands of good-paying new jobs — a big win for the growing clean energy economy,” Armistead said in a statement.
GE Vernova will tap its factory in Pensacola, Florida, for the large order, as well as tower manufacturing operations in New Mexico, Colorado and Texas. Overall, 15 suppliers are on board for providing the necessary parts to make each turbine.
Vic Abate, president and CEO of the company’s wind business, called the venture historic.
“This project demonstrates GE Vernova’s ability to deliver on our workhorse strategy in onshore wind — producing fewer variants in large quantities at scale to drive quality and reliability across the fleet for our customers,” he said in a statement.
In all, the company has more than 55,000 turbines installed worldwide.
The company has been working with Pattern Energy for the past 18 months on site layouts that are designed to maximize the performance of the turbines in central New Mexico and to ensure the supply chain can keep up with manufacturing demands.
GE Vernova consultants also have been working on interconnection with the transmission line, and the company’s financial arm provided a tax equity loan commitment that helped to solidify financing for the project.
___
The story has been updated to correct that GE Vernova is set to be spun off by General Electric, not that it is a GE spinoff.
veryGood! (6331)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- CDC finds flu shots 42% effective this season, better than some recent years
- NFL 40 times tracker: Who has the fastest 40-yard dash at 2024 scouting combine?
- Stock market today: Asia stocks track Wall Street gains, Japan shares hit record high
- Intellectuals vs. The Internet
- Alaska governor threatens to veto education package that he says doesn’t go far enough
- Scandinavian Airlines medevac plane lands in Malaysian island where Norwegian king is hospitalized
- Ukrainian children recount horrors of being kidnapped by Russian soldiers
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Alabama Legislature moves to protect IVF services after state court ruling
Ranking
- Meet first time Grammy nominee Charley Crockett
- Under wraps: Two crispy chicken tender wraps now available at Sonic for a limited time
- Dodgers star Shohei Ohtani says he is married and his bride is Japanese
- Delaware couple sentenced to over 150 years in prison for indescribable torture of sons
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Panera adds 9 new menu items, including Bacon Mac & Cheese pasta, Chicken Bacon Rancher
- I Tried 63 Highlighters Looking for a Natural Glow— Here Are the 9 Best Glitter-Free Highlighters
- Missouri House passes property tax cut aimed at offsetting surge in vehicle values
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
CDC finds flu shots 42% effective this season, better than some recent years
Navalny’s family and supporters are laying the opposition leader to rest after his death in prison
Mississippi passes quicker pregnancy Medicaid coverage to try to reduce deaths of moms and babies
Could your smelly farts help science?
AP Week in Pictures: North America
Nevada county election official in charge of controversial 2022 hand-count plan resigns
Federal judge blocks Texas' immigration enforcement law SB 4: Here's what's next