Renewable Energy Systems Americas Inc. (RES Americas) reports that its subsidiary RES America Developments Inc. has reached a long-term agreement to sell 150 MW of wind energy to Little Rock-based Arkansas Electric Cooperative Corp. (AECC).
The wind power will be sourced from the Origin Wind Energy project, which is located in Murray and Carter counties, Okla. RES Americas developed and will construct the 75-turbine project, and the wind farm is scheduled to reach commercial operation by Dec. 31, 2014. AECC will be the sole recipient of the electricity generated.
‘The latest addition of 150 MW of low-cost wind energy provides AECC with a hedge against fluctuating natural gas energy prices,’ says Duane Highley, president and CEO of the electric co-op. ‘AECC will have 201 MW of wind energy in its generation assets with this addition. We will continue to pursue energy options that allow AECC's member cooperatives to provide reliable electricity at the lowest-possible cost.’