in News Departments > New & Noteworthy
print the content item

Rosemead, Calif.-based Southern California Edison (SCE) has signed the largest wind energy contract from a U.S. utility to date with Alta Windpower Development LLC, a subsidiary of Allco Financial Group Inc. of Australia.

The contract secures for SCE's customers 1,500 MW or more of wind power generated by new projects that will be built in the Tehachapi area of California. Oak Creek Energy Systems Inc. of Mojave, Calif., is a partner with Allco in the development, construction and operations of the projects, the companies say.

"In order to finance new, environmentally friendly power projects, developers need long-term contracts with creditworthy buyers," says Pedro Pizarro, SCE's senior vice president of power procurement.


Trachte Inc._id1770
Latest Top Stories

Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008