TEP Plans New Wind Energy Project That Could Power More Than 30,000 Homes
Fortis Inc. Common Shares (FTS)
Last fortis inc. common shares earnings: 2/13 06:00 am
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Source: Business Wire
Request for Proposals to Call for Wind Generation, Supporting Technologies TUCSON, Ariz.--(BUSINESS WIRE)-- Tucson Electric Power (TEP) plans to issue a request for proposals (RFP) this week for the design and construction of new wind energy resources that could power up to 31,000 homes annually. TEP plans to seek cost-competitive bids for 100-150 megawatts (MW) of wind energy from resources that interconnect with TEP’s system or deliver power through a third-party firm transmission service. The energy will help TEP work toward its goal of delivering at least 30 percent of its power from renewable resources by 2030, doubling the state’s 2025 goal. TEP anticipates adding 800 MW of new renewable capacity by the end of 2030, boosting its total renewable energy portfolio to approximately 1,200 MW. Under TEP’s current plan, the company expects to contract with the successful bidder in 201
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