Lakeswind Power Project is a 48MW onshore wind power project. It is located in Minnesota, the US. The project is currently active. It has been developed in single phase. The project construction commenced in 2013 and subsequently entered into commercial operation in March 2014.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 48 48 Active Minnesota, the US Project Resources

Description

The project was developed by Project Resources and is currently owned by TransAlta Renewables with a stake of 100%.

The project generates 172,000MWh of electricity. The project cost is $75m.

The project has 79.25m high towers.

Development Status

The project is currently active. The project construction commenced in 2013 and subsequently entered into commercial operation in March 2014.

Power Purchase Agreement

The power generated from the project is sold to Great Lakes Utilities under a power purchase agreement, starting from 2014.

Contractors Involved

GE Renewable Energy was selected as the turbine supplier for the wind power project. The company provided 32 units of 1.5-82.5 turbines, each with 1.5MW nameplate capacity.

GE Renewable Energy is the O&M contractor for the wind power project, commencing from the year 2014.

About Project Resources

Project Resources Corp (PRC) is a renewable energy company that provides consulting services for wind and solar projects. The company’s consulting services include wind monitoring and analysis, interconnection planning, project design, construction planning and management, project siting and feasibility studies, land acquisition, and others. It also provides community acceptance management, community strategies, and project administration, operation and maintenance planning services. PRC offers developmental services such as equipment procurement and construction management, project development and financing, and ongoing project performance monitoring services. The company’s ongoing project performance monitoring services include ongoing project related support such as plant performance monitoring and evaluation, community involvement, and management of regulatory and administrative issues. PRC is headquartered in Minneapolis, Minnesota, 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.