Webmaster’s Note: Now that Germany has pretty much butchered their landscapes and their economy with this scam technology, the wind industry has been met with intense resistance and their future is looking very bleak. But of course, there are always the suckers who live in the United States…
A German energy giant will build its first U.S. wind farm in western Ohio.
Innogy SE, a $50 billion energy company with investments in 16 nations, has landed approvals to build the 76-turbine, $300 million wind farm in northern Logan County and southern Hardin County.
Construction on the 242-megawatt Scioto Ridge wind farm is planned to begin in the second quarter of the year. A turbine supply contract has been signed with Spanish company Siemens Gamesa Renewable Energy. This will be Innogy’s first wind energy project on the United States.
That’s enough power to supply the equivalent of 60,000 Ohio homes a year with renewable electricity. The Ohio Power Siting Board approved it last year, green-lighting the project for construction.
“The host communities and surrounding region will soon receive the benefits we have been predicting for years,” Jason Dagger, Scioto Ridge project manager at Innogy Renewables US, said in a release. “I am pleased that preliminary construction activities are now underway at the site”
Once completed in the fourth quarter of 2020, the energy produced there will be sold on the wholesale market, and will benefit from a 13-year Power Purchase Agreement. It will also qualify for a full federal Production Tax Credit, the company said.
In July, Innogy acquired EverPower Wind Holdings’ U.S. onshore wind development business from United Kingdom-based private equity investor Terra Firma Capital Partners, and as a part of that transaction was a development pipeline of 2,000 megawatts of wind projects – it’s got a pair of projects in the works in New York state as well.
“Only half a year after the successful transaction we have now started executing the first project,” Andrew Young, CEO of Innogy Renewables US, said in a statement. “Scioto Ridge represents a large contribution to the achievement of Ohio’s Renewables targets.”
Based in Essen, Innogy is a subsidiary of RWE with business units for infrastructure, energy retail and renewables. The company, which has 23 million customers, employs 40,000 and largely is focused in Germany and the United Kingdom, but has been investing in new energy projects around the world.
Wind energy development has been a long-term objective in the state. Landowners in Paulding County in northwest Ohio sued in November, challenging wind setback mandates that they say were shoved into a bill in 2014 and severely restrict wind energy development.
“Wind developers are positioned to invest billions of dollars in new clean energy projects in Ohio,” said Bruce Burcat, executive director of Mid-Atlantic Renewable Energy Coalition. “Establishing responsible property line setbacks, that restore the property rights of individual farmers, will make new investment possible that will generate much needed revenue for rural families and communities.”