The biggest clear vitality challenge in US historical past closes $11B, begins full building

The largest clean energy project in US history closes $11B, starts full construction

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SunZia, a large clear vitality challenge within the US Southwest, has closed $11 billion non-recourse financing and launched full building.

Daniel Elkort, government vp at Sample Power, the challenge’s California-based developer, mentioned concerning the milestone finance bundle:

The scale and scale of each the SunZia challenge and this multifaceted financing present that the renewable vitality house can safe engaging capital at ranges beforehand solely seen in conventional era.

The biggest clear vitality challenge within the US includes two arms: SunZia Wind and SunZia Transmission. The tasks will make use of greater than 2,000 employees onsite throughout building, together with heavy tools operators, electricians, laborers, and others. 

SunZia Wind is the biggest wind challenge within the Western Hemisphere. The three,500-megawatt (MW) wind farm is being constructed throughout New Mexico’s counties of Torrance, Lincoln, and San Miguel.

SunZia Transmission is a 550-mile ± 525 kV high-voltage direct present (HVDC) transmission line between central New Mexico and south-central Arizona. When full, it should have the capability to move 3,000 MW of fresh vitality.

SunZia Transmission will allow SunZia Wind to provide prospects in Arizona and California throughout early night hours when demand is excessive however obtainable renewable vitality provide is low. It’s going to make use of the identical hall because the Western Spirit Transmission Line:

Wind turbine large Vestas introduced yesterday that it’s secured a agency order from Sample Power Group to provide 242 V163-4.5 MW generators for SunZia Wind.  

The 1.1-gigawatt (GW) order is Vestas’ largest order so far within the US market and its largest single onshore challenge globally. It’s additionally the biggest order globally for Vestas’ latest high-capacity issue turbine.

Turbine supply is anticipated to start within the first quarter of 2025, with closing commissioning scheduled for the primary half of 2026.

Learn extra: In Montana, wind is about to overhaul coal era capability

Photograph: Sample Power


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