Current:Home > StocksGE business to fill order for turbines to power Western Hemisphere’s largest wind project -AssetTrainer
GE business to fill order for turbines to power Western Hemisphere’s largest wind project
View
Date:2025-04-18 00:49:25
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! (8144)
Related
- All That You Wanted to Know About She’s All That
- Another Climate Impact Hits the Public’s Radar: A Wetter World Is Mudslide City
- Mom arrested after Instagram post about 5-year-old daughter helping wax adult clients
- You’ll Be Crazy in Love with How Beyoncé Just Made History—Again
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Baby seal with neck entangled in plastic rescued in New Jersey amid annual pup migration
- Harvard condemns student and faculty groups for posting antisemitic cartoon
- A man tried to open an emergency exit on an American Airlines flight. Other passengers subdued him
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- United Airlines says after a ‘detailed safety analysis’ it will restart flights to Israel in March
Ranking
- Trump invites nearly all federal workers to quit now, get paid through September
- 15-year-old goes missing while on vacation in Galveston, Texas; Amber Alert issued
- Financially struggling Met Opera to present 18 productions next season, the fewest since 1980-81
- Police say armed Texas student wounded by officers in school had meant to hurt people
- Intellectuals vs. The Internet
- A pacemaker for the brain helped a woman with crippling depression. It may soon offer hope to others
- Man faces potential deportation after sentencing in $300,000 Home Depot theft scheme, DOJ says
- Hoda Kotb says she wants Kelly Rowland to 'come back' after singer's 'Today' show departure
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Why isn’t desperately needed aid reaching Palestinians in Gaza?
7 Black women backstage at the Grand Ole Opry, talking Beyoncé and country music
Commercial moon lander brakes into orbit, setting stage for historic landing attempt Thursday
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Maine would become 27th state to ban paramilitary training under bill passed by House
Target strikes deal with Diane von Furstenberg. Here's how much her clothes will cost.
'Will Trent' Season 2: Ramón Rodríguez on Greg Germann's shocking return and Betty the dog