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  1. Market Data
November 3, 2021

Meadow Lake Wind Farm, US

By Carmen

Meadow Lake Wind Farm is an 801.25MW onshore wind power project. It is located in Indiana, the US. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in October 2009.

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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 801.25 801.25 Active Indiana, the US EDP Renewables North America

Description

The project was developed by EDP Renewables North America. Axium Infrastructure, Connor Clark & Lunn Infrastructure, Desjardins Group Pension Plan, EDP Renewables North America and Regime de rentes du Mouvement Desjardins are currently owning the project.

The project supplies enough clean energy to power 203,000 households. The project cost is $1,300m.

Development Status

The project is currently active. The project got commissioned in October 2009.

Power Purchase Agreement

Ameren, BlueTriton Brands, Commonwealth Edison, Cummins, Hoosier Energy Rural Electric Cooperative, Iron Mountain and Wabash Valley Power Association are the power offtakers from the project.

Contractors Involved

M. A. Mortenson was selected to render EPC services for the Meadow Lake Wind Farm (Meadow Lake Wind Farm V).

Meadow Lake Wind Farm (Meadow Lake Wind Farm I) is equipped with Vestas Wind Systems V82-1.65 MW turbines. The phase consists of 121 turbines with 1.65MW nameplate capacity.

Meadow Lake Wind Farm (Meadow Lake Wind Farm II) is equipped with Nordex AW-82/1500 turbines. The phase consists of 66 turbines with 1.5MW nameplate capacity.

Meadow Lake Wind Farm (Meadow Lake Wind Farm III) is equipped with GE Renewable Energy 1.5sle turbines. The phase consists of 69 turbines with 1.5MW nameplate capacity.

Meadow Lake Wind Farm (Meadow Lake Wind Farm IV) is equipped with Suzlon Energy S88-2.1 MW turbines. The phase consists of 47 turbines with 2.1MW nameplate capacity.

Meadow Lake Wind Farm (Meadow Lake Wind Farm V) is equipped with Vestas Wind Systems V110-2.0 MW turbines. The phase consists of 50 turbines with 2MW nameplate capacity.

Meadow Lake Wind Farm (Meadow Lake Wind Farm VI_A) is equipped with Vestas Wind Systems V136-3.6 turbines. The phase consists of 49 turbines with 3.6MW nameplate capacity.

Meadow Lake Wind Farm (Meadow Lake Wind Farm VI_B) is equipped with Vestas Wind Systems V110-2.0 MW turbines. The phase consists of 12 turbines with 2MW nameplate capacity.

Suzlon Wind Energy is the O&M contractor for the Meadow Lake Wind Farm (Meadow Lake Wind Farm IV).

About EDP Renewables North America

EDP Renewables North America LLC (EDPR NA), formerly Horizon Wind Energy LLC, a subsidiary of EDP Renovaveis SA, is a renewable energy company that develops, operates and constructs wind farms and solar parks. The company’s wind farms include Blue Canyon Wind Farm, Elkhorn Valley Wind Farm, Lone Star Wind Farm, Lost Lake Wind Farm, Kittitas Valley Wind Farm, Madison Wind Farm, Meridian Way Wind Farm and Pioneer Prairie Wind Farm, among others. It also operates Lone Valley Solar Parks that supports sustainable energy generation. The company has operations throughout the US and Canada. EDPR NA is headquartered in Houston, 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
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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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