TVA receives power from wind contract
The Tennessee Valley Authority said it has now transmitting to customers 300 megawatts of wind power received from Iberdrola Renewables Inc.'s Streator Cayuga Ridge wind park in Livingston County, Ill.
The contract with Iberdrola Renewables is the largest of TVA's wind- power contracts, which altogether may provide enough electricity for about 325,000 average-size homes, according to a press release.
Another 115 megawatts from Horizon Wind Energy LLC's Pioneer Prairie wind farm in Howard and Mitchell counties in Iowa will be delivered in the fall, TVA said.
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Hitachi freezes British nuclear project, books $2.8bn hit
TOKYO - Japan’s Hitachi Ltd said on Thursday it has decided to freeze a 3 trillion yen ($28 billion) British nuclear power project and will consequently book a write down of 300 billion yen.
The suspension comes as Hitachi’s Horizon Nuclear Power failed to find private investors for its plans to build a plant in Anglesey, Wales, which promised to provide about 6 percent of Britain’s electricity.
“We’ve made the decision to freeze the project from the economic standpoint as a private company,” Hitachi said in a statement.
Hitachi had called on the British government to boost financial support for the project to…
