1. Home
  2. Articles posted by: Rona Fried (Page 1853)

Oklahoma Utility Signs Plans to Buy New 120-MW Project

OG&E Electric Services announced that it has entered into a non-binding letter of intent to purchase a 120-MW wind farm planned for construction in northwestern Oklahoma. Invenergy Wind, LLC, is to develop the new wind power plant north of Woodward in Harper County. It is expected to cost about $180 million plus the cost of transmission interconnection facilities. Once a definitive agreement is reached, it will be subject to various conditions, including approval by the boards of directors of both companies and the Oklahoma Corporation Commission. If all conditions are met, the new wind farm could be in place and producing power by Dec. 31, 2006. “We are pleased to announce our plan for a major expansion of renewable wind energy in Oklahoma,” said Steven E. Moore, chairman, president and CEO of OGE Energy Corp., parent company of OG&E. “We made a careful first step into wind power with our 2003 agreement to purchase the output from a 50-MW wind power facility, and now, we’re proposing a significant next step that would more than triple our wind power capacity. Clearly, we’re excited about the prospects for wind power in Oklahoma.”

Read More

Oklahoma Utility Signs Plans to Buy New 120-MW Project

OG&E Electric Services announced that it has entered into a non-binding letter of intent to purchase a 120-MW wind farm planned for construction in northwestern Oklahoma. Invenergy Wind, LLC, is to develop the new wind power plant north of Woodward in Harper County. It is expected to cost about $180 million plus the cost of transmission interconnection facilities. Once a definitive agreement is reached, it will be subject to various conditions, including approval by the boards of directors of both companies and the Oklahoma Corporation Commission. If all conditions are met, the new wind farm could be in place and producing power by Dec. 31, 2006. “We are pleased to announce our plan for a major expansion of renewable wind energy in Oklahoma,” said Steven E. Moore, chairman, president and CEO of OGE Energy Corp., parent company of OG&E. “We made a careful first step into wind power with our 2003 agreement to purchase the output from a 50-MW wind power facility, and now, we’re proposing a significant next step that would more than triple our wind power capacity. Clearly, we’re excited about the prospects for wind power in Oklahoma.”

Read More

Hydrogenics Wins US$8 Million Power Module Order

Hydrogenics Corporation (TSX:HYG; NASDAQ:HYGS) has been awarded a US$8 million Fuel Cell contract for multiple units of its HyPM 500 Series Fuel Cell Power Modules from a world leading military OEM. The power modules, representing in aggregate over 600 kW of power capacity, will be delivered over a two year period starting in 2006. The modules will be used for an undisclosed application. “Winning this impressive contract through a competitive bid process is a strong validation of the performance, reliability, and durability of our HyPM power module technology,” said Pierre Rivard, President and CEO, Hydrogenics Corporation. “It is important to note that the power modules to be delivered under this contract are identical to the power modules that form the foundation of our products for the backup power and light mobility markets. As such, we believe that considerable benefits will accrue from this sale in terms of our product initiatives for these commercial markets.” Website: http://www.hydrogenics.com     

Read More