Enel Green Power (EGP) has commenced the construction of a new wind farm in Oklahoma of USA.
EGP plans to invest approximately 130 million US dollars to construct the Little Elk wind project.
The project located in Kiowa and Washita Counties of Oklahoma will have a total installed capacity of 74 MW.
Once the operation begins, the wind farm will be able to generate nearly 330 GWh enough to power around 27,000 U.S. homes annually.
The generated power will be equivalent to the emission of over 150,000 tons of CO2 into the atmosphere each year.
The plant will be operating under 25 year-power purchase agreement (PPA) with People’s Electric Cooperative of Oklahoma (PEC).
The wind farm is expected to be online by the end of 2015.
EGP-NA currently operates three wind farms in Oklahoma, for a total installed capacity of 534 MW.
The company is also constructing a 350 MW of wind capacity in the State, including the 200 MW Goodwell wind project.
Recently, EGP has commissioned its 102 MW Sureste I-Phase II wind farm in Oaxaca state of Southern Mexico.
Enel has installed 34 turbines of 3 MW each, which can produce 390 GWh a year.
The Italian developer was awarded with the contract to build Sureste 1 Phase 2 through the public tender for External Energy Producers held by the Comisión Federal de Electricidad, included with a 20-year power purchase agreement.
The project cost was nearly USD 160 million (EUR 143.8m).
In another initiative, Enel energy is planning to invest almost €18bn in renewable energy and smart grid markets in coming five years.
Out of this, nearly €5.4bn will be invested in emerging markets, digital meters and smart grids, all over the world.
Enel is aiming to increase its renewable energy capacity by 50 percent to 7.1GW mostly in Latin America, North America and Africa.
Sabeena Wahid
[email protected]