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Monday, 07/06/2009 1:43:47 AM

Monday, July 06, 2009 1:43:47 AM

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Duke Energy is quickly becoming key player in wind energy

Commercial power unit to announce its seventh wind-farm deal next week
Charlotte Business Journal - by John Downey Senior staff writer

Next week, Duke Energy Generation Services will announce its seventh wind-farm construction project in less than two years.

By year end, the Duke Energy Corp. subsidiary will have gone from no wind assets in 2006 to being among the nation’s top 10 wind-power producers.

And next week’s announcement keeps DEGS on pace to add at least 250 megawatts of capacity in 2010, says President Wouter van Kempen.

“We will have 700 to 800 megawatts of capacity by the end of this year,” he says. “We have about $1.25 billion by now in wind assets. We will easily have $5 billion within a few years.”

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