Under New Generation Power Michigan, LLC, which is the prime contractor, a team of U.S. companies is bidding on the projects, as part of Detroit Edison Companys Request for Proposal (RFP) to purchase Michigan-based renewable energy credits, which will reportedly help the utility meet state requirements for providing electricity generated from renewable resources.
In total, the projects are estimated to cost between USD$650 million and USD$700 million. They are located in and around Albion, Michigan, and are expected to generate enough electricity to power over 28,500 homes.
In terms of job creation, New Generation Power Michigan believes that around 500 jobs will either be saved or created in the Albion market alone. It adds that there will be potential to create "thousands" of other jobs across the country. "( ) we locked up the funding," states Michael Pontarelli, senior vice president of Environmental Development and "well break ground this fall and put hundreds of Michigan construction workers back on the job."
The New Generation Power Michigan Team comprises: