Current:Home > ScamsGE business to fill order for turbines to power Western Hemisphere’s largest wind project -Secure Growth Academy
GE business to fill order for turbines to power Western Hemisphere’s largest wind project
View
Date:2025-04-15 16:02:44
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! (18)
Related
- Small twin
- Nebraska priest and man accused of fatal stabbing had no connection, prosecutor says
- How Shop Around the Corner Books packs a love of reading into less than 500 square feet
- Denmark widens terror investigation that coincides with arrests of alleged Hamas members in Germany
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Offshore wind farm projects face major hurdles amid tough economic climate
- Illinois county board incumbent wants primary opponent disqualified for misspelling ‘Republican’
- Joe Flacco can get this bonus if he can lead Browns to first Super Bowl win in 1-year deal
- Arkansas State Police probe death of woman found after officer
- The Best Gifts for Couples Who Have Run Out of Ideas
Ranking
- North Carolina justices rule for restaurants in COVID
- Village council member in Ukraine sets off hand grenades during a meeting and injures 26
- The Best Gifts for Fourth Wing Fans That Are Obsessed with the Book as Much as We Are
- Pope Francis calls for global treaty to regulate artificial intelligence: We risk falling into the spiral of a technological dictatorship
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Fighting reported to be continuing in northern Myanmar despite China saying it arranged a cease-fire
- North Carolina high court says a gun-related crime can happen in any public space, not just highway
- Village council member in Ukraine sets off hand grenades during a meeting and injures 26
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Israel tells U.S. its current phase of heavy fighting likely to finish in 2-3 weeks, two officials say
Denmark widens terror investigation that coincides with arrests of alleged Hamas members in Germany
$600M in federal funding to go toward replacing I-5 bridge connecting Oregon and Washington
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
2023 Arctic Report Card proves time for action is now on human-caused climate change, NOAA says
New York doctor, wife who appeared on Below Deck charged with fake opioid prescription scheme
'Mayday': Small plane crashes onto North Carolina interstate; 2 people sent to hospital