Innogy starts pre-construction of 250-MW wind park in Ohio

07/06/2019 09:12 Wind


Germany-based energy company Innogy SE today announced the beginning of construction work on the 250-MW Scioto Ridge wind project in Ohio, its first onshore wind farm in the US.

The USD-300-million-plus (EUR 266.5m) plant is being built at sites in Hardin and Logan Counties, where a total of 75 Siemens Gamesa turbines will be installed. Completion is scheduled for the fourth quarter of 2020.


“Pre-construction activities have begun onsite, and commencement of full construction is planned for the third quarter of 2019. Once we are totally underway, Scioto Ridge will host over 150 short-term construction jobs and up to 10 full-time, long term operations jobs,” said Jason Dagger, Scioto Ridge project manager at Innogy Renewables US LLC.


Dagger added that this wind farm will generate enough power each year to meet the annual consumption of more than 60,000 local homes. At the same time, the project will inject more than USD 75 million in new revenues to local governments, school districts and landowners over a period of 25 years.


Daily (09.08.2019): Oil prices rebounded by nearly 3% on Thursday, due to a firmer yuan and hopes for additional OPEC output cuts

09/08/2019 11:15:00

Oil prices strengthened on Thursday, rebounding from an earlier low, after Saudi Arabia showed readiness to discuss with other producers about the recent slump in crude prices. The prospect of additional output cuts from OPEC, coupled with a steadying yuan, supported prices. As a result, Brent crude rose by 2.1% to $57.38 a barrel. At the same time, WTI futures spiked by 2.8% to $52.54 a barrel, boosted by a fall in inventories at Cushing, Oklahoma, in the week to August 6.


Belarus and Russia authorize 3.7% increase in oil transportation tariff as from 1 September

09/08/2019 08:53:00

Belarus and Russia have come to an agreement on raising the tariff on transporting oil across the Belarusian territory by 3.7% as from 1 September, the press service of the Belarusian state petrochemical concern Belneftekhim told BelTa after negotiations on 6 August.


Iberdrola secures its first 149 MW of solar in Portugal

09/08/2019 08:50:00

Spanish power utility Iberdrola SA confirmed Thursday it had been awarded 149 MW of solar photovoltaic (PV) capacity in Portugal’s recently completed solar auction.