View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
January 5, 2022

Appaloosa Run Wind Farm, US

By Carmen

Appaloosa Run Wind Farm is a 175MW onshore wind power project. It is planned in Texas, the US. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.

Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.
Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 175 175 Permitting Texas, the US NextEra Energy Resources; Tri Global Energy

Description

The project is being developed by NextEra Energy Resources and Tri Global Energy. The project is currently owned by NextEra Energy Resources.

The project cost is expected to be around $266.63m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2022.

Power Purchase Agreement

The power generated from the project will be sold to DuPont de Nemours under a power purchase agreement. The offtake capacity is expected to be 135MW.

About NextEra Energy Resources

NextEra Energy Resources LLC (NEER) is a subsidiary of NextEra Energy Capital Holdings Inc,is a diversified clean energy company and is one of the largest wholesale generators of electric power in the US. The company, together with its subsidiaries owns, develops, constructs, manages and operates electricity generating facilities in wholesale energy markets in the US, Canada, and Spain. The company generates electricity using different fuel sources such as natural gas and oil, wind, solar and nuclear. It offers electricity to utilities, retail electricity providers, power cooperatives, municipal electricity providers and industrial companies. The company also provides energy and capacity requirement services; conducts power and gas marketing and trading activities; participates in natural gas, natural gas liquids and oil production and pipeline infrastructure development; and owns a retail electricity provider. NEER is headquartered in Juno Beach, Florida, the US.

About Tri Global Energy

Tri Global Energy LLC (Tri Global) is an alternative energy company that offers wind and solar projects development services. The company’s services include financing, developing, engineering, and constructing utility-scale wind projects and solar energy solutions. Its TGE solar offers photovoltaic solar electricity systems for utilities, schools and churches, corporations, and municipalities and residences and TGE wind offers project development, investment and deployment for project partners, landowners, stakeholders. Tri Global utilizes its proprietary business model, the wind force plan to enable wind projects achieve utility scale. The company collaborates with local governments, communities, corporations, and other partners to identify potential solar and wind energy projects. Tri Global is headquartered in Dallas, Texas, the US.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

Related Companies

Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology