Monday, UniSource Energy Services, a unit of UniSource Energy Corp. (UNS) agreed to purchase the output of a new wind farm and large solar array that Western Wind Energy will develop in the Kingman area by June 2011. Western Wind Energy plans to develop between 7 and 11 megawatts of wind generating capacity as well as a solar array that can produce at least 300-kilowatt on about 800 acres of vacant land just east of the Nucor Steel plant southwest of Kingman. The new facilities are expected to produce enough energy to power more than 2,300 homes.
The company noted that it has agreed to purchase power from Western Wind Energy's facilities over a 20-year term in a contract that will be submitted to the Arizona Corporation Commission or ACC for review. If the contract is approved, it would help the company to work toward renewable energy goals the ACC has established through Arizona's Renewable Energy Standard. The standard calls on utilities to increase their use of renewable energy each year until it represents 15% of their power in 2025.
UniSource Energy Corp., through its subsidiaries, operates as an electric utility in Arizona. It operates through three segments: TEP, UNS Gas, and UNS Electric. The TEP segment provides regulated electric service to approximately 400,000 retail customers in Southeastern Arizona.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.