Xcel Energy

The Firms Reliance Bet On For Storage and Cell Manufacturing

One of the largest private sector corporations in India and a multinational conglomerate, Reliance Industries Ltd. has shown a growing interest in the energy storage sector. Reliance New Energy Limited, a subsidiary firm, designated for its clean energy bentures has been busy – acquiring, signing agreements, or investing in firms. Be it Netherlands based LithiumWerks, […]

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Energize Ventures Raises $330 M to Advance Sustainable Tech

Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […]

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Xcel Energy Releases RfP For 500 MW Solar Power Generation

U.S. based Renewable Energy Provider, Xcel Energy has released a Request for Proposals (RfP) for the generation of approximately 500 MW of solar power near its Sherburne County (Sherco) Generating Station in Becker, Minnesota. The company serves approximately 3.7 million electricity and 2.1 million natural gas customers across parts of eight Midwestern and Western states, […]

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Xcel Energy Brings Up 522-MW Wind Plant in New Mexico

The U.S. based Xcel Energy Inc. has built the 522-MW Sagamore Wind Plant, switching on its 240 turbines in the state of New Mexico. As the company says, more than USD 900 million has been invested in the wind plant which will be operational before the end of December 2020. Enlighting on the project, David […]

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Xcel Energy Proposes $3 Bn in Energy Investments in Minnesota

Minneapolis based Utility Xcel Energy has announced its proposal for one of the largest packages of energy investments in Minnesota Xcel Energy, a utility holding company serving more than 3.3 million electric customers, has announced its proposal for the one of the largest packages of energy investments in Minnesota’s history, as part of its response […]

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Xcel Energy to Begin Work on 522 MW New Mexico Wind Plant

Xcel Energy plans to begin construction of the 522 MW Sagamore wind farm in New Mexico by the end of the year, and into commercial operation by late 2020. Xcel Energy, a utility holding company based in Minneapolis, has announced that it plans to begin construction of the 522 MW Sagamore wind farm in New […]

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Xcel Energy Plans to Retire 2 Coal Plants Under Clean Energy Transition

Minneapolis-based energy utility, Xcel Energy has announced that it plans to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. The acceleration of the coal closures is another milestone in the company’s clean energy transition that includes expanding wind and solar, using cleaner natural gas and operating its carbon-free […]

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Xcel Signs Deal for 250 MW Solar Plant at EVRAZ, Pueblo

The Xcel Energy power plant under the long-term electricity contract will feed Rocky Mountain Steel directly and will be under the state’s net metering enactment. Aspiring to make good use of new energy, steel making and mining giant EVRAZ has signed a deal with the energy and natural gas provider, Xcel Energy for a 250 MW behind-the-meter […]

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Nautilus Solar Energy Inaugurates 13.3 MW Community Solar Projects in Minnesota

As part of Xcel Energy’s solar rewards community program, these solar projects are 100 percent subscribed by a diverse set of regional customers including 5 municipalities, 2 leading research/ medical facilities and a local university. New Jersey-based Nautilus Solar Energy has inaugurated the portfolio of 13.3 MW of community solar projects in Minnesota. As part of […]

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