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November 29, 2021

Kingfisher Wind Farm, US

By Carmen

Kingfisher Wind Farm is a 298MW onshore wind power project. It is located in Oklahoma, the US. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in 2015.

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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 298 298 Active Oklahoma, the US Apex Clean Energy Holdings; First Reserve; GGW Renewable Resources

Description

The project was developed by Apex Clean Energy Holdings, First Reserve and GGW Renewable Resources. The project is currently owned by BlackRock with a stake of 100%.

The project generates 1,100GWh electricity and supplies enough clean energy to power 100,000 households, offsetting 600,000t of carbon dioxide emissions (CO2) a year. The project cost is $452m.

Development Status

The project is currently active. The project got commissioned in 2015.

Power Purchase Agreement

The power generated from the project is sold to Gulf Power under a power purchase agreement for a period of 20 years from 2015. The contracted capacity is 272MW.

Contractors Involved

Vestas Wind Systems was selected as the turbine supplier for the wind power project. The project consists of 149 units of V100-2.0 MW turbines, each with 2MW nameplate capacity.

Apex Clean Energy Holdings and Vestas Wind Systems were contracted to render operations & maintenance services for the project.

About Apex Clean Energy Holdings

Apex Clean Energy Holdings LLC (Apex), formerly Apex Wind Energy is a renewable energy company that offers building utility-scale generation facilities. The company develops commercial-scale wind and solar energy facilities in North America. It provides resource assessment, engineering, construction, project development, financing, operation and maintenance, and asset management of utility-scale clean energy projects. Apex’s projects include Campbell Creek Wind Farm, Gulf Coast Wind Farm, Elk River Wind Farm, Cedar Creek Wind Farm, Phantom Solar, McKenzie Solar, Dover SUN Park, Canadian Hills Wind project, Colorado PV Solar, Ringneck Prairie Wind, Neosho Ridge Wind, Homestead Wind, Cornhusker Harvest Wind, Canadian Hills Wind, Bowman Wind, and Maple Rapids Wind, among others. The company has operations throughout the US and Canada. Apex is headquartered in Charlottesville, Virginia, the US.

About First Reserve

First Reserve Corp (First Reserve) is a private equity and infrastructure investment firm which provides investments across energy industry that include power generation companies, electric transmission and utilities. The firm’s portfolio companies include sectors ranging from upstream oil and gas, midstream and downstream companies including resources, equipment and services, and associated infrastructure.The firm’s focus includes theme-based investments in core segments of the energy industry providing both private equity and infrastructure funds. First Reserve’s energy infrastructure funds target investments with contracted revenue, visible yield streams and sustainable capital appreciation. The firm has presence in the US, the UK and Hong Kong. First Reserve is headquartered in Greenwich, Connecticut, 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
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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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