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Coal-Fired Generation at the Intermountain Power Project to End in 2025

LCG, May 25, 2017--The owners of the Intermountain Power Project announced on May 23 that they will cease electricity generation fueled by coal in 2025. The decision is driven by the loss of existing customers, environmental regulatory issues, and competition from both gas-fired generation that benefits from low natural gas prices and growing renewable (wind and solar) capacity supported by state renewable portfolio standards (RPS???s).

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DONG Energy Announces Opening of the Burbo Bank Extension Project with 8-MW Offshore Wind Turbines

LCG, May 23, 2017--The Burbo Bank Extension Project, a new offshore wind farm in Liverpool Bay, UK, opened on May 17 and became the first offshore wind farm to make commercial use of the MHI Vestas V164-8.0 MW wind turbines. The wind farm is a joint venture between DONG Energy (50%) and its partners PKA (25%) and KIRKBI A/S, parent company of the LEGO Group (25%).

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Industry News

DOE Offers Loan Guarantee to Solyndra Inc for New PV Manufacturing Plant

LCG, March 23, 2009--The U.S. Department of Energy (DOE) announced Friday that it will provide a $535 million loan guarantee to Solyndra Inc, to build a commercial scale facility to manufacture solar photovoltaic (PV) panels that employ a novel, cylindrical design for installation on flat roofs.

The loan guarantee is designed to address nearly three quarters of the project costs. The targeted output of PV panels for the new manufacturing plant is 500 MW per year. Construction is scheduled to start at the end of 2009, with panel production commencing in late 2010 or early 2011, assuming the loan and related conditions are accepted.

DOE Secretary Steven Chu stated,"This investment is part of President Obama's aggressive strategy to put Americans back to work and reduce our dependence on foreign oil by developing clean, renewable sources of energy."

Solyndra's panels use thin-film technology and cylindrical modules that are designed to receive sunlight across a 360-degree surface and convert direct, diffuse and reflected sunlight into power.
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