GE unit invests in wind farm
KERN COUNTY, CALIFORNIA - General Electric Co's Energy Financial Services has bought a 50 percent stake in a California wind farm that marks the first phase of a project that will eventually power 1.3 million California homes.
Bankers Commercial Corp., a unit of UnionBanCal, bought the other 50 percent stake in the Alta Wind I farm in Kern County, California. Terms were not disclosed.
The farm, which uses 100 GE 1.5 megawatt turbines, was completed late last year. It is being leased back to its developer and operator, Terra-Gen Power, marking the first time GE has used a lease for a wind farm, GE said.
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A tidal project in Scottish waters just generated enough electricity to power nearly 4,000 homes
GLASGOW - A tidal power project in waters off the north coast of Scotland sent more than 13.8 gigawatt hours (GWh) of electricity to the grid last year, according to an operational update issued Monday. This figure – a record – almost doubled the previous high of 7.4 GWh in 2018.
In total, the MeyGen tidal stream array has now exported more than 25.5 GWh of electricity to the grid since the start of 2017, according to owners Simec Atlantis Energy. Phase 1A of the project is made up of four 1.5 megawatt (MW) turbines.
The 13.8 GWh of electricity exported in…
