July 9 (Renewables Now) - Black Hills Corp (NYSE:BKH) said Monday that its South Dakota Electric and Wyoming Electric subsidiaries obtained approvals to establish a new renewable energy subscriber programme tied to a newly-permitted, 40-MW wind farm.
The programme, named Renewable Ready, will apply a voluntary tariff system through which large commercial and industrial customers and South Dakota and Wyoming governmental agencies can purchase renewable power from the Black Hills utilities.
The South Dakota and Wyoming utilities, operating as Black Hills Energy, will support the Renewable Ready programme with the power generated by the new Corriedale wind farm. The 40-MW wind project will cost USD 57 million (EUR 50.9m) to build and will be co-owned by the two utilities.
Construction of the Corriedale wind farm will take place at a location near Cheyenne in the state of Wyoming. Black Hills expects to commission the facility in late 2020.
Black Hills said it received enough interest from customers for the new programme to expect the full subscription of the 40-MW capacity. An open period for subscribers to the Renewable Ready programme will be held later this year.
(USD 1.0 = EUR 0.89)