Current:Home > MarketsGE business to fill order for turbines to power Western Hemisphere’s largest wind project -ProfitLogic
GE business to fill order for turbines to power Western Hemisphere’s largest wind project
SafeX Pro View
Date:2025-04-10 00:17:46
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! (1)
Related
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Beyoncé Channels Pamela Anderson in Surprise Music Video for Bodyguard
- Gerrit Cole, Yankees call each others' bluffs in opt-out saga: 'Grass isn’t always greener'
- In Maryland, competitive US House race focuses on abortion, economy and immigration
- 'We're reborn!' Gazans express joy at returning home to north
- Republican incumbent Josh Hawley faces Democrat Lucas Kunce for US Senate seat in Missouri
- Lisa Blunt Rochester could make history with a victory in Delaware’s US Senate race
- Connecticut to decide on constitution change to make mail-in voting easier
- This was the average Social Security benefit in 2004, and here's what it is now
- Federal authorities investigating after 'butchered' dolphin found ashore New Jersey beach
Ranking
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- New Hampshire’s governor’s race pits ex-Sen. Kelly Ayotte against ex-Mayor Joyce Craig
- Za'Darius Smith trade winners, losers: Lions land Aidan Hutchinson replacement
- Za'Darius Smith trade grades: Who won deal between Lions, Browns?
- Trump invites nearly all federal workers to quit now, get paid through September
- Oprah Winfrey and Katy Perry Make Surprise Appearance During Kamala Harris Philadelphia Rally
- Landmark Washington climate law faces possible repeal by voters
- Republicans hope to retain 3 open Indiana House seats and target another long held by Democrats
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Massachusetts Democrat Elizabeth Warren seeks third term in US Senate against challenger John Deaton
Democratic Rep. Angie Craig seeks a 4th term in Minnesota’s tightest congressional race
Democratic-backed justices look to defend control of Michigan’s Supreme Court
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
The Sephora Savings Event Is Finally Open to Everyone: Here Are Products I Only Buy When They’re on Sale
Competitive Virginia races could play a critical role in the battle for Congress
How do I begin supervising former co-workers and friends? Ask HR