2024-11-22
http://w3.windfair.net/wind-energy/news/12464-introducing-an-interesting-wind-energy-company-duke-energy-completes-los-vientos-wind-energy-projects-in-texas

Introducing an interesting wind energy company - Duke Energy completes Los Vientos Wind Energy Projects in Texas

Duke Energy Renewables has completed the Los Vientos I and Los Vientos II wind energy projects in southern Texas

The two projects total 402 MW of wind power capacity. Because of their geographical location, approximately 120 miles south of Corpus Christi and 20 miles inland from the Gulf of Mexico, these projects will generate the majority of their power during the day, when peak power demand is highest, the company explains.

All of the output and associated renewable energy credits (RECs) from the 200 MW Los Vientos I project, located in Willacy County, are being sold to San Antonio-based CPS Energy under a 25-year agreement.

Austin Energy is buying all of the output and associated RECs from the 202 MW Los Vientos II project, which is sited in Willacy and Cameron counties.

About Duke Renewables:
Duke Energy Renewables, part of Duke Energy’s Commercial Businesses, is a leader in developing innovative wind and solar energy solutions for customers throughout the United States. The company’s commercial wind and solar farms help utilities, electric cooperatives and municipalities deliver affordable, reliable and clean energy to its customers.

Since entering the wind power industry in 2007, Duke Energy Renewables has invested more than $2.5 billion to rapidly grow its portfolio of zero-emission generating assets. The company currently owns and operates approximately 1,000 megawatts of wind energy capacity, with another 5,500 megawatts of potential projects in the pipeline. On the solar energy side, Duke Energy Renewables has 17 megawatts in commercial operation, with additional development projects under way. Virtually all of the electricity produced by Duke Energy Renewables’ wind and solar projects is sold through long-term agreements to power purchasers.

Duke Energy Renewables is investing in more than just clean energy. Duke Energy Renewables’ wind and solar farms:
 

  • Create jobs, particularly during construction
  • Provide valuable tax revenue year after year to the communities that host the company’s renewable power projects
  • Benefit participating landowners by providing a steady, supplemental source of revenue
  • Help reduce dependence on conventional sources of electricity


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Source:
Duke Energy Renewables
Author:
Trevor Sievert, Online Editorial Journalist / Duke Energy Renewables Staff
Email:
ts@windfair.net
Link:
www.windfair.net/...







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