The joint marketing agreement will focus on managing capacity, optimizing routing of turbine components and increasing volumes through a central facility to reduce costs on a per-unit basis.
“With cost per megawatt getting closer to a level that will make wind energy developers less reliant upon subsidies or tax credits, any additional savings that can be taken out of the supply chain is considered critical by industry insiders and observers,” the companies said in a press release.
A site has already been selected north of Lubbock, Texas, which is situated in the center of TGE’s proposed project plans and construction is already underway. The initial stage calls for development of 40 acres, though BNSFL holds the option on the entire 200-acre site. When fully developed, the site will receive, store and load hundreds of turbine components each month, receiving components via both rail and truck.
“West Texas has emerged as the ‘bullseye’ for wind energy projects in North America, due to ideal wind speeds, geography and being at the nexus of the three U.S. power grids. And Tri Global Energy has emerged as a major player in the West Texas wind energy arena,” said TGE’s Chief Executive Officer John Billingsley in a statement.
In September, TGE announced the largest community-sponsored wind farm project to date in the United States. TGE has 16 planned projects in various stages of development and has more than 640,000 acres under lease for current and future project development.
While the services and space at the logistics center will be available to the entire wind energy sector, developers, original equipment manufacturers and logistics service providers, TGE will benefit from its “early adopter” status, the companies said.
BNSF Logistics is a subsidiary of Burlington Northern Santa Fe, a Berkshire Hathaway company.
Brokerage Compliance Symposium
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now