Wind Turbines Outperforming Expectations at Honda Transmission Plant
Two turbines have exceeded power projections in first six months of operation
PIPESTONE, Minn., Sept. 10, 2014 /PRNewswire/ -- Juhl Energy, (OTCQB: JUHL) -- Just six months after the landmark installation of two power-producing wind turbines at Honda Transmission Mfg. of America, Inc., the turbines are producing more renewable, low emissions electrical power than was anticipated when the towers went into operation in January.
The wind turbines have exceeded the projected power output figures by 6.3 percent, and have contributed toward reducing the CO2 emissions of power production, helping Honda (NYSE: HMC) reach its voluntary goals to reduce the environmental impact of its products and manufacturing operations by 2020. This includes a 30 percent reduction in CO2 emissions from Honda products, and significant CO2 reductions from the company's plants and other operations, compared with year 2000 levels.
The two turbines, standing 260 feet tall with 160-foot blades, were initially projected to produce upwards of 10,000 megawatt hours (MWH) of electricity per year, accounting for approximately 10 percent of the plant's annual power needs. The turbines have outperformed company projections in four of the six months since operation began. At their highest output, the turbines provided 16.26 percent of the plant's power requirements for the month of April.
"We are extremely pleased with the performance of the wind turbines' production over their first six months," said Gary Hand, Vice President of Honda Transmission Mfg. of America. "The turbines' operation has exceeded the projections established during the project development."
The installation of the turbines makes the Russells Point, Ohio plant the first major automotive facility in the United States to receive a substantial amount of its power from on-site wind turbines. The project was developed and installed by Juhl Energy from Pipestone, Minnesota. The two turbines are owned by ConEdison Solutions.
"We are pleased to observe the performance of the two on-site wind turbines are achieving results over and above what Honda had anticipated. From the outset, we were confident that the site location selected would allow the GE turbines to produce a significant amount of the facility's' energy requirements," stated Tyler Juhl, Vice President of Operations for Juhl Energy."
"ConEdison Solutions takes tremendous pride in our commitment to customers, and we are proud to be helping Honda implement its innovative energy program at Russells Point," said Michael W. Gibson, Vice President of Energy Services at ConEdison Solutions. "With this initiative, Honda has set an excellent example for the American manufacturing sector, and we are gratified that they have been pleased with its success."
To achieve their new environmental targets, Honda is accelerating its efforts to advance the environmental performance of its products, and its operations throughout North America. The wind turbine project is among a number of other initiatives at Honda plants to reduce energy use and waste from manufacturing operations.
Honda Environmental Leadership
Based on its vision of "Blue Skies for our Children," Honda is working to advance technologies that address society's environmental and energy concerns through a diverse lineup of products and technologies, including more fuel-efficient gasoline engines, natural gas, hybrids, plug-in hybrids, battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
Today, Honda is targeting a 30-percent reduction in CO2 emissions from its U.S. automobile product lineup by 2020, compared to 2000 levels. In pursuit of its vision for a zero-carbon future, the company is advancing electromotive technologies in many forms, and will introduce an advanced new fuel cell car in 2015.
In keeping with its commitment to produce vehicles with the lowest CO2 emissions at plants with the smallest environmental footprint, the company is broadly addressing emissions, energy, water use and waste in all phases of its products life cycles. In the manufacturing realm, this includes a 95 percent reduction in waste sent to landfills in North America. Honda is working to extend its "green factory" and "green purchasing" initiatives to its more than 650 parts suppliers in North America and is also pursuing more environmentally responsible business practices among its U.S. dealers.
Honda is also demonstrating its vision for zero-carbon mobility and living with the creation of the Honda Smart Home US, in Davis, California, which was opened in early 2014 and is designed to operate with half the energy use and CO2 emissions of a typical home in that region.
About Honda
Honda (NYSE: HMC) established operations in America in 1959 and now employs more than 39,000 associates in its North American sales, R&D and manufacturing operations with total capital investment in North America exceeding $22 billion.
Based on its longstanding commitment to "build products close to the customer," Honda operates 16 major manufacturing facilities in North America producing a wide range of Honda and Acura automobiles, automobile engines and transmissions, Honda all-terrain vehicles, power equipment products, such as lawn mowers, mini-tillers and general purpose engines, and the HondaJet advanced light jet.
Eight Honda auto plants in the region, including four in the U.S., have the capacity to produce 1.92 million automobiles each year. In 2013, more than 94 percent of the Honda and Acura automobiles sold in the U.S. were produced in North America. Those plants today manufacture 11 different models, including four passenger cars and seven light trucks using domestic and globally sourced parts. A fifth U.S. auto plant, the Performance Manufacturing Center, is under construction in Marysville, Ohio, and next year will become the exclusive global production location for the next generation Acura NSX supercar.
Honda also operates 16 major research and development centers in the U.S. with the capacity to fully design, develop and engineer many of the products Honda produces in North America.
Media contact:
Eric Mauk
Honda North America
+1-937-644-6493
+1-937-935-8092 (c)
[email protected]
About ConEdison Solutions
ConEdison Solutions is a leading energy services company that provides competitive electricity and natural gas supply, renewable energy, sustainability services, cost-effective energy efficiency solutions, and energy performance contracting. The company serves commercial, industrial, residential and government customers, including universities, public school districts, and hospitals nationwide. Offering innovative products, financial stability, and a commitment to customer service, the company is based in Valhalla, New York, with offices in Burlington, Massachusetts; Cherry Hill, New Jersey; Chicago, Illinois; Falls Church, Virginia; Houston, Texas; Duncanville, Texas: Tampa, Florida; Overland Park, Kansas, Nashville, Tennessee; and Bloomington, Minnesota. The firm's dedicated team of energy professionals delivers a broad range of energy solutions. ConEdison Solutions offers programs and services designed to help customers achieve their individual energy objectives and is accredited as an Energy Services Provider (ESP) by the National Association of Energy Service Companies (NAESCO).
ConEdison Solutions is a subsidiary and registered trademark of Consolidated Edison, Inc. More information can be obtained by calling 1-888-210-8899 or visiting the ConEdison Solutions website at www.conedsolutions.com. You can also visit the Consolidated Edison, Inc. website at http://investor.conedison.com for information on all of the Consolidated Edison companies.
About Juhl Energy, Inc.
Juhl Energy is an established leader in the renewable energy industry with a focus on competitive, clean energy solutions and community-based wind power development, ownership and management throughout the United States and Canada. Juhl Energy pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms in rural America. To date, the Company has completed 23 wind farm projects totaling 240 MW and provides operations management and oversight across the portfolio. Juhl Energy services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. Juhl Energy also provides a broad range of clean energy solutions.
Juhl Energy operates three primary business segments: renewable energy development, renewable power plant ownership, and energy and field services. Through its Juhl Energy Development Inc. (JEDI) subsidiary, the Company provides medium and large-scale wind, solar, and cogeneration energy development services. The Company holds ownership interests in five wind farm projects comprising approximately 25 MWs of wind power in Minnesota and Iowa, primarily through its subsidiary, Juhl Renewable Assets, Inc. Through its wind farm operations subsidiary, Juhl Energy Services, Inc. (JESI), the Company performs maintenance and management services to over 100 MW of operating wind farms. The acquisition of Power Engineers Collaborative enables the Company to provide a full range of engineering services to the utility industry and for central plant energy systems. The Company also provides full sales and service to smaller, on-site wind and solar projects through its Juhl Renewable Energy Systems division. Juhl leverages the Company's deep experience with wind towers to also provide cell and radio tower services through its Juhl Tower Services division. Juhl Energy is based in Pipestone, Minnesota and has offices in Chicago, Minneapolis, Madison and Milwaukee. Juhl Energy is traded on the OTCQB under the symbol 'JUHL'. Additional information is available at the Company's website at www.juhlenergy.com or by calling +1-507-562-8090.
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FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Energy's current expectations about its future results, performance, prospects and opportunities. Juhl Energy has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Energy and are subject to a number of risks, uncertainties and other factors that could cause Juhl Energy's actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to any specific projects, prospective acquisitions and wind farm assets mentioned herein. These risks, as may be described from time to time in Juhl Energy's SEC filings, are incorporated herein by reference.
Juhl Energy Investor Relations
Jody Janson - Phone: +1-888-438-JUHL (5845)
Fax: +1-585-486-1611
Email: [email protected]
SOURCE Juhl Energy, Inc.
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