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Released December 19, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Energy Information Administration (EIA) predicts renewable energy sources will generate 22% of U.S. electricity by the end of 2022, which is ahead of coal (20%) and nuclear (19%). Wind accounts for the bulk of U.S. renewable generation, and more than 10% of operational wind capacity was installed between June 2021 and June 2022. Industrial Info is tracking more than $4.5 billion worth of active wind-energy projects set to begin construction in the first quarter of 2023, more than $3 billion of which is attributed to projects with a medium-to-high (70% or more) likelihood of beginning construction as currently scheduled.
Click on the image at right for a heat map of U.S. wind power-generation projects set to begin construction in first-quarter 2023, according to Industrial Info's Geolocator tool.
Texas leads all other U.S. states with about $1.67 billion worth of first-quarter wind-energy kickoffs. FGE Power LLC (Austin, Texas) hopes to see one of its most anticipated projects begin construction in the near future: the two-phase Goodnight Windfarm in Claude, Texas. The first phase is expected to generate 252 megawatts (MW) from 70 turbines provided by Vestas Wind Systems A/S (Aarhus, Denmark), and the concurrent second phase is expected to generate 250 MW from 125 turbines.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed project reports for Phase I and Phase II of Goodnight.
NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) also is developing wind projects in Texas, including the $400 million Roadrunner Crossing Windfarm in Cisco. It is designed to generate 254 MW for Eastland and Callahan counties, from as many as 91 turbines from General Electric (NYSE:GE) (Boston, Massachusetts). Subscribers can learn more from Industrial Info's project report.
NextEra also is among the companies slated to kick off more than $22 billion worth of solar-energy projects in first-quarter 2023, leading all other parent companies with about $1.85 billion worth of projects. The wind and solar projects are part of NextEra's "Real Zero" plan, announced this summer, which aims to eliminate carbon emissions from the company's operations by 2045. For more information, see December 16, 2022, article - U.S. Solar Set for First-Quarter Buildout Amid Trade Disputes.
"We believe that the long-term organic growth potential for NextEra Energy Partners has increased, with potential new opportunities to repower its roughly 8-gigawatt existing wind and solar assets, and to pair battery storage with this nearly 7-gigawatt existing wind portfolio," said Kirk Crews, the chief financial officer of NextEra, in a recent earnings-related conference call.
Apex Clean Energy Incorporated (Charlottesville, Virginia), which accounts for more individual wind-energy kickoffs in the coming quarter than any other parent company, has made significant strides over the past two years on one of its longest-delayed projects: the Timbermill Wind Project in Edenton, North Carolina. The project, which involves generating 189 MW from 45 turbines provided by Vestas, has hit a series of snags, starting with an 18-month moratorium on wind project construction enacted by the N.C. General Assembly in 2017.
With many legal hurdles finally cleared, Apex hopes to begin construction on the project in the coming months. According to North Carolina's Perquimans Weekly, it still requires a Clean Water Act permit and a Water Quality Certification, granted by the Army Corps of Engineers and North Carolina's Department of Environmental Quality, respectively. Subscribers can learn more from Industrial Info's detailed project report.
Foreign-owned companies also play a significant role in near-term U.S. wind-energy development. EDP Renewables North America LLC, a subsidiary of Energias de Portugal S.A. (Lisbon, Portugal), completed the 302-MW Phase I of its Crossroads Windfarm in Chalmers, Indiana, at the end of 2021 and is preparing to begin construction on the 204-MW, $265 million Phase II, which will use 68 Vestas turbines. EDP already has 1,400 MW of installed renewable energy in Indiana. Subscribers can learn more from Industrial Info's project report.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for U.S. wind-energy projects set to begin construction in the first quarter of 2023.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a heat map of U.S. wind power-generation projects set to begin construction in first-quarter 2023, according to Industrial Info's Geolocator tool.Texas leads all other U.S. states with about $1.67 billion worth of first-quarter wind-energy kickoffs. FGE Power LLC (Austin, Texas) hopes to see one of its most anticipated projects begin construction in the near future: the two-phase Goodnight Windfarm in Claude, Texas. The first phase is expected to generate 252 megawatts (MW) from 70 turbines provided by Vestas Wind Systems A/S (Aarhus, Denmark), and the concurrent second phase is expected to generate 250 MW from 125 turbines.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed project reports for Phase I and Phase II of Goodnight.
NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) also is developing wind projects in Texas, including the $400 million Roadrunner Crossing Windfarm in Cisco. It is designed to generate 254 MW for Eastland and Callahan counties, from as many as 91 turbines from General Electric (NYSE:GE) (Boston, Massachusetts). Subscribers can learn more from Industrial Info's project report.
NextEra also is among the companies slated to kick off more than $22 billion worth of solar-energy projects in first-quarter 2023, leading all other parent companies with about $1.85 billion worth of projects. The wind and solar projects are part of NextEra's "Real Zero" plan, announced this summer, which aims to eliminate carbon emissions from the company's operations by 2045. For more information, see December 16, 2022, article - U.S. Solar Set for First-Quarter Buildout Amid Trade Disputes.
"We believe that the long-term organic growth potential for NextEra Energy Partners has increased, with potential new opportunities to repower its roughly 8-gigawatt existing wind and solar assets, and to pair battery storage with this nearly 7-gigawatt existing wind portfolio," said Kirk Crews, the chief financial officer of NextEra, in a recent earnings-related conference call.
Apex Clean Energy Incorporated (Charlottesville, Virginia), which accounts for more individual wind-energy kickoffs in the coming quarter than any other parent company, has made significant strides over the past two years on one of its longest-delayed projects: the Timbermill Wind Project in Edenton, North Carolina. The project, which involves generating 189 MW from 45 turbines provided by Vestas, has hit a series of snags, starting with an 18-month moratorium on wind project construction enacted by the N.C. General Assembly in 2017.
With many legal hurdles finally cleared, Apex hopes to begin construction on the project in the coming months. According to North Carolina's Perquimans Weekly, it still requires a Clean Water Act permit and a Water Quality Certification, granted by the Army Corps of Engineers and North Carolina's Department of Environmental Quality, respectively. Subscribers can learn more from Industrial Info's detailed project report.
Foreign-owned companies also play a significant role in near-term U.S. wind-energy development. EDP Renewables North America LLC, a subsidiary of Energias de Portugal S.A. (Lisbon, Portugal), completed the 302-MW Phase I of its Crossroads Windfarm in Chalmers, Indiana, at the end of 2021 and is preparing to begin construction on the 204-MW, $265 million Phase II, which will use 68 Vestas turbines. EDP already has 1,400 MW of installed renewable energy in Indiana. Subscribers can learn more from Industrial Info's project report.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for U.S. wind-energy projects set to begin construction in the first quarter of 2023.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
