Current:Home > InvestGE business to fill order for turbines to power Western Hemisphere’s largest wind project -OceanicInvest
GE business to fill order for turbines to power Western Hemisphere’s largest wind project
View
Date:2025-04-12 23:18:17
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! (98433)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- Mother of boy who shot teacher gets 21 months in prison for using marijuana while owning gun
- Matthew Perry's 'Friends' co-stars share their memories of late actor in touching tributes
- How The Crown's Khalid Abdalla and Elizabeth Debicki Honored Dodi and Diana's Complex Bond
- Global Warming Set the Stage for Los Angeles Fires
- Iowa teen convicted of killing Spanish teacher gets life with possibility of parole after 25 years
- Tristan Thompson Apologizes to Kylie Jenner for Jordyn Woods Cheating Scandal
- Alabama to execute man for 1993 slaying of friend’s father during robbery
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Jurors begin deliberating in the trial of the man who attacked Nancy Pelosi’s husband
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- UAW labor deal with Detroit's Big 3 automakers sees pushback from some workers
- Senate looks to speed ahead on temporary funding to avert government shutdown through the holidays
- Texas Violated the Law with Lax Emissions Limits, Federal Court Rules
- The Daily Money: Spending more on holiday travel?
- Justin Torres and Ned Blackhawk are among the winners of National Book Awards
- Pink gives away 2,000 banned books at Florida concerts
- Is Selling Sunset's Jason Oppenheim Still in Love With Ex Chrishell Stause? He Says…
Recommendation
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
Las Vegas student died after high school brawl over headphones and vape pen, police say
Personal attacks and death threats: Inside the fight to shape opinion about the Gaza war
Jennifer Aniston, David Schwimmer, Lisa Kudrow honor Matthew Perry by sharing iconic Chandler Bing moments
Trump invites nearly all federal workers to quit now, get paid through September
Terry Taylor, trailblazing Associated Press sports editor, dies at age 71
Report: Rory McIlroy resigns from PGA Tour Policy Board
UK becomes 1st country to approve gene therapy treatment for sickle cell, thalassemia