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November 29, 2021

King Mountain Wind Ranch, US

By Carmen

King Mountain Wind Ranch is a 278.2MW onshore wind power project. It is located in Texas, the US. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in January 2001.

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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
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Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 278.2 278.2 Active Texas, the US Cielo Wind Services; Renewable Energy Systems Americas

Description

The project was developed by Cielo Wind Services and Renewable Energy Systems Americas. The project is currently owned by NextEra Energy Resources with a stake of 100%.

The project supplies enough clean energy to power 69,500 households.

Development Status

The project is currently active. The project got commissioned in January 2001.

Power Purchase Agreement

Austin Energy, Reliant Energy Retail Services and Texas-New Mexico Power are the power offtakers from the project.

Contractors Involved

Renewable Energy Systems Americas was selected to render EPC services for the wind power project.

Siemens Gamesa Renewable Energy was selected as the turbine supplier for the wind power project. The company provided 214 units of B62/1300 turbines, each with 1.3MW nameplate capacity.

About Renewable Energy Systems Americas

Renewable Energy Systems Americas Inc. (RES Americas), a subsidiary of Renewable Energy Systems Ltd. is an energy company that provides engineering, procurement and construction services. The company offers layout design, software design, solar array layout design, land acquisition, permitting and environmental review, technical analysis, scheduling, financing, resource assessment, land procurement, project design, permitting, transmission, interconnection work and power marketing. It provides costing, procurement, management, and quality and environmental processes services. RES Americas’ engineering services includes renewable energy project design, including turbine foundation design, geotechnical engineering, civil site work design, electrical collection and grounding system design, solar PV system design and optimization. The company serves wind, solar, transmission, energy storage projects and demand side management. It operates in California, Connecticut, Minnesota, and Texas. RES Americas is headquartered in Broomfield, Colorado, 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.

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Free Report
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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.

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