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CH Energy invests in wind farm, seeks state's OK for 'solar tier'

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Renewable energy is much in the vision of CH Energy Group and its two subsidiaries, both the regulated one and the nonregulated one

CH Shirley Wind LLC, a wholly owned subsidiary of the nonregulated unit, Central Hudson Energy Services (CHEC), announced plans Tuesday to invest about $50 million in a wind farm in Glenmore, Wis.

Central Hudson Gas & Electric Corp., the regulated subsidiary of CH Energy Group, announced a position statement favoring a change that would let it build solar projects within its own mid-Hudson service territory.

Both company announcements Tuesday show the Poughkeepsie-based utility’s interest in renewable or sustainable energy production. Most of the power sent out to customers now is produced by fossil-fuel burning or nuclear plants. But the CHEC subsidiary’s production is entirely in renewables.

The wind unit will buy a 90 percent interest in the 20-megawatt Shirley project, which has a 20-year power-purchase agreement with Wisconsin Public Service Corp. for the output of the planned eight wind turbines.

For more of this article: http://www.poughkeepsiejournal.com/article/20091216/BUSINESS/912160317/CH-Energy-invests-in-wind-farm–seeks-state%5C-s-OK-for-%5C-solar-tier%5C-

Source: Poughkeepsiejournal.com

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