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Released December 30, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--As 2021 comes to a close, wind-energy generation is set to continue its growth through the coming year. Nearly $12 billion worth of wind-energy projects were completed across the U.S. in 2021, and Industrial Info is tracking more than $8 billion worth of windfarm projects that are slated to begin construction across the U.S. in the first quarter of 2022, with nearly half attributed to projects in the West Coast region.
Click on the image at right for a graph detailing the top 10 parent companies for U.S. windfarm projects set to kick off in first-quarter 2022, by investment value.
Since the beginning of 2021, offshore wind-energy projects have received a major jolt in the arm from the Biden administration, which has aggressively cleared long-standing obstacles to the technology. In October, the U.S. Navy abandoned its opposition to the development of wind turbines in two areas off the California coast, following approval from the U.S. Department of the Interior, according to The New York Times. The White House estimates a 399-square-mile area in Morro Bay along central California, and another area off the coast of Humboldt in Northern California, could generate enough electricity to power as many as 1.6 million homes, according to the Times.
Energie Baden-Wuerttemberg AG North America, a subsidiary of German electric utility EnBW, formed a joint venture (JV) in 2018 with Trident Winds LLC (Seattle, Washington) to develop the Castle Wind Windfarm in Morro Bay. Since then, the JV has been working with the federal and California governments to make the proposed 800-megawatt (MW) plan a reality. Subscribers can learn more from a detailed project report.
"We are starting this industry from scratch on the West Coast," an EnBW representative told the Times. "We have gotten a lot of positive input from players in Washington and Sacramento that there is a real interest in doing this."
The Castle Wind project remains in its early development phase, where plenty of factors could alter or cancel the investment. For more information on the Biden administration's actions, see February 8, 2021, article - Biden Executive Order Could Accelerate Offshore Windfarm Development.
Two of the largest onshore wind projects set to begin construction in the coming months are in Texas, which has the most wind turbine capacity of any U.S. state: Silverpeak Renewables Investment Partners' (New York City, New York) $650 million Canyon Windfarm Project in Snyder and Chubu Electric Power Company's (Aichi, Japan) $325 million El Sauz Ranch Windfarm in San Perlita. The projects, which are expected to generate 200 and 301 megawatts (MW), respectively, would finish construction toward the end of 2022, according to current schedules. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from a detailed reports on the Canyon and El Sauz Ranch projects.
Another project proposed for Texas is less certain to begin construction in the first quarter, but represents a major investment nonetheless: ENGIE S.A.'s (Paris, France) Limestone Windfarm in Groesbeck, Texas, which is designed to generate 300 MW from about 110 turbines. Subscribers can learn more from Industrial Info's project report.
Wind now accounts for more than 60% of Iowa's in-state utility-scale generation, the highest of any U.S. state, according to the Iowa Environmental Council. Wisconsin Public Service, a subsidiary of WEC Energy Group (NYSE:WEC) (Milwaukee, Wisconsin), is preparing for a repowering of the Crane Creek Windfarm in Riceville, Iowa, which would repair blades and boost efficiency for 66 turbines at the 99-MW facility. It is expected to wrap up toward the end of 2022. Subscribers can learn more from Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Click on the image at right for a graph detailing the top 10 parent companies for U.S. windfarm projects set to kick off in first-quarter 2022, by investment value.Since the beginning of 2021, offshore wind-energy projects have received a major jolt in the arm from the Biden administration, which has aggressively cleared long-standing obstacles to the technology. In October, the U.S. Navy abandoned its opposition to the development of wind turbines in two areas off the California coast, following approval from the U.S. Department of the Interior, according to The New York Times. The White House estimates a 399-square-mile area in Morro Bay along central California, and another area off the coast of Humboldt in Northern California, could generate enough electricity to power as many as 1.6 million homes, according to the Times.
Energie Baden-Wuerttemberg AG North America, a subsidiary of German electric utility EnBW, formed a joint venture (JV) in 2018 with Trident Winds LLC (Seattle, Washington) to develop the Castle Wind Windfarm in Morro Bay. Since then, the JV has been working with the federal and California governments to make the proposed 800-megawatt (MW) plan a reality. Subscribers can learn more from a detailed project report.
"We are starting this industry from scratch on the West Coast," an EnBW representative told the Times. "We have gotten a lot of positive input from players in Washington and Sacramento that there is a real interest in doing this."
The Castle Wind project remains in its early development phase, where plenty of factors could alter or cancel the investment. For more information on the Biden administration's actions, see February 8, 2021, article - Biden Executive Order Could Accelerate Offshore Windfarm Development.
Two of the largest onshore wind projects set to begin construction in the coming months are in Texas, which has the most wind turbine capacity of any U.S. state: Silverpeak Renewables Investment Partners' (New York City, New York) $650 million Canyon Windfarm Project in Snyder and Chubu Electric Power Company's (Aichi, Japan) $325 million El Sauz Ranch Windfarm in San Perlita. The projects, which are expected to generate 200 and 301 megawatts (MW), respectively, would finish construction toward the end of 2022, according to current schedules. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from a detailed reports on the Canyon and El Sauz Ranch projects.
Another project proposed for Texas is less certain to begin construction in the first quarter, but represents a major investment nonetheless: ENGIE S.A.'s (Paris, France) Limestone Windfarm in Groesbeck, Texas, which is designed to generate 300 MW from about 110 turbines. Subscribers can learn more from Industrial Info's project report.
Wind now accounts for more than 60% of Iowa's in-state utility-scale generation, the highest of any U.S. state, according to the Iowa Environmental Council. Wisconsin Public Service, a subsidiary of WEC Energy Group (NYSE:WEC) (Milwaukee, Wisconsin), is preparing for a repowering of the Crane Creek Windfarm in Riceville, Iowa, which would repair blades and boost efficiency for 66 turbines at the 99-MW facility. It is expected to wrap up toward the end of 2022. Subscribers can learn more from Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
