Wind energy project signs power purchase agreement

The Michigan Public Service Commission approved a $485 million contract for DTE Energy (NYSE: DTE) to buy 120 MW of energy from a wind farm.

The 20-year power purchase agreement with Tuscola Bay Wind LLC puts DTE halfway toward the company’s goal of 1,000 MW of renewable energy capacity by 2015.

The project will be owned by NextEra Energy Resources and is expected to be operational by 2012. Construction is expected to begin in 2012 and take six to nine months.

Read more contracts and projects news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...