$8B in Transmission Loans for Clean Energy Projects

$8B in Transmission Loans for Clean Energy Projects

$8B in Transmission Loans for Clean Energy Projects

On April 27, the Department of Energy announced $8.25 billion in loans available for transmission projects. A story published today at utilitydive.com covered these highlights and detailed more.

  • The total loan amount includes up to $5 billion in loan guarantees for innovative transmission projects, as well as up to $3.25 billion in the Western Area Power Administration’s (WAPA) transmission infrastructure fund. The WAPA revolving loan program is designed to promote clean power in the West.
  • Also on Tuesday, Americans for a Clean Energy Grid (ACEG) published a report highlighting 22 different transmission projects that are considered “shovel-ready” and will add renewable energy to the U.S. grid.
  • The White House simultaneously released a fact sheet on the coordinated efforts between DOE and the Department of Transportation (DOT) to modernize the electric grid. The fact sheet cites the independent analysis in the ACEG report as proof that construction-ready transmission projects would bring more than 60 GW of renewable energy online.

The Biden administration is working toward a promise of 100% clean energy by 2035. Expanding transmission to deliver renewable energy is a critical part of that effort and one on which Irby is currently working in Maine.  

Irby’s work in a joint venture with Cianbro Corporation for Central Maine Power is a great example of the type of work achieving the Biden Administration’s goal will require. The New England Clean Energy Connect (NECEC) project is a $950 million investment that will deliver 1,200 megawatts of renewable hydropower to the New England energy grid, bringing clean energy to 1.2 million households. In April 2020, the Irby Cianbro team was awarded a 145-mile transmission line project from Avangrid. 

 

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AVANGRID Granted Presidential Permit To Begin NECEC Construction

AVANGRID Granted Presidential Permit To Begin NECEC Construction

AVANGRID Granted Presidential Permit To Begin NECEC Construction

Irby Construction was awarded the New England Clean Energy Connect (NECEC) project in a joint venture with Cianbro in April of 2020. For details on this 145-mile transmission line project, click here

Last week, AVANGRID was granted the Presidential permit to begin construction on the $950 million project that will create more than 1600 jobs over the next few years. For the full article from NS Energy, click here.

IID Extends Service Contract With Irby

IID Extends Service Contract With Irby

IID Extends Service Contract With Irby

Irby Construction has been working for Imperial Irrigation District in California since the 1980’s. On Tuesday, December 29th, IID agreed to extend its service agreement with Irby. This agreement is an extension of three months ending on March 31st, with a contract value of $300,000. Read more about the extension and what it means for Irby here.

For more history on Irby and IID, read this article.

New Lines Withstand Record Breaking Storm

New Lines Withstand Record Breaking Storm

New Lines Withstand Record Breaking Storm

 

The 2020 storm season has been unprecedented, and Entergy Louisiana has taken one hit after another. Laura, Delta, and Zeta. There is however a silver lining story to be found among all the devastation. It is a success story in which Irby Construction is a proud contributor.

In a joint venture with our sister Quanta Services company Dashiell, Irby completed the construction of 5.6 miles of 230kV new transmission line stretching from Nelson to Manena, Louisiana in June of 2020.

On the company’s third-quarter earnings call, October 29, 2020, the project was cited by Leo Denault, Entergy Chairman of The Board and Chief Executive Officer. While Entergy systems have required much attention in the wake of this year’s storms, Denault pointed out that recent investments in new lines proved beneficial.

“For example, in the past two years, we completed the Lake Charles and the Nelson-Manena transmission projects in the Lake Charles area. Those projects were designed to withstand 140-mile per hour winds. Every structure from those projects remain standing after enduring the brunt of Hurricane Laura, the strongest storm to hit Louisiana in over 150 years,” Denault said.

Hurricane Laura was the strongest storm to make landfall in Louisiana in 164 years and is tied for the fifth strongest to make landfall in the continental United States. Irby Construction was also part of the restoration response to the storm which required Entergy’s largest restoration effort ever mobilized in company history. More than 25,000 workers from 31 states including Louisiana, Mississippi, Georgia, Alabama, Texas, and Florida from Irby Construction worked for weeks to restore power and rebuild downed lines.

Laura made landfall on August 27 and nearly a month later on September 22, Entergy Corporation (NYSE: ETR) announced its utilities had restored power to approximately 910,000 customers who can accept power or approximately 99% of customers affected by the storm. All power was restored by October 1. A week later, Hurricane Delta made landfall.

The Nelson to Manena project in Lake Charles is just one of several storm-resistant projects Irby has constructed or is constructing. Florida Power and Light (FPL) has prioritized grid development strategies to offset storm damage via the increased burial of electrical transmission lines. FPL contracted Irby in April 2019 to provide ongoing technical support services related to customer outreach, engineering design, construction, and maintenance of underground assets.

 

 

 

Irby Restoring Power After Hurricane Sally

Irby Restoring Power After Hurricane Sally

Irby Restoring Power After Hurricane Sally

Hurricane Sally, a category 2 hurricane, came ashore near Gulf Shores, Alabama the morning of September 16, 2020 – the 16th anniversary of Hurricane Ivan. The storm brought to shore eight barges and caused billions in damage to the Pensacola, FL and Mobile, AL areas, including breaking off a section of the Pensacola Bay Bridge. Over 2,000 power lines were destroyed, and it is expected that restoration could take several weeks.

More than half a million people were left without power, but Irby crews were ready in the area as the storm arrived, prepared to begin repairs as soon as Sally moved inland. Since then, over 160 Irby linemen have been working 16-hour days as part of a group of 1,500 contractors hired to expedite power restoration. With Irby’s help performing distribution, transmission, and substation services throughout the area, more people are regaining power every day.

With destroyed infrastructure and difficult conditions, Irby crews continue to keep safety their highest priority.­ Sally is the fourth hurricane to make landfall in the US this year, the most by this point in the hurricane season since 2004. Irby crews will remain at the ready until the end of this record-breaking season in November.

Irby Assists with Hurricane Laura

Irby Assists with Hurricane Laura

Irby Assists with Hurricane Laura

​Hurricane Laura made a Category 4 landfall on August 27, 2020 near Cameron, Louisiana. Deadly and destructive, Laura tied with the 1856 Last Island Hurricane as the state’s strongest landfall on record, causing billions of dollars of damage along the way, including some deaths.

Irby crews were in Louisiana before the storm hit so that they could be readily available to get the lights back on when the storm passed. Under the company’s storm contract with Entergy, 430 Irby linemen began restoration efforts performing transmission, distribution, and substation services throughout Louisiana and Texas.

Working 16 hours a day, seven days a week while living in “man camps,” linemen are the true heroes of storm restoration. With the help of subcontractors like Irby is bringing power back to towns like Lake Charles, Louisiana, where over 6,000 people were left without power due to the hurricane.

As always, safety is the most important part of any job that Irby participates in, and Irby crews will continue to work safely in the affected areas until the power is restored.