News from Tri Global Energy

Industry report finds tri global energy among texas and national wind development leaders

Industry report finds tri global energy among texas and national wind development leaders

DALLAS (May 7, 2018) -- The just-released First Quarter 2018 Market Report from the American Wind Energy Association (AWEA) reports that Dallas-based Tri Global Energy (TGE) remains number one in Texas in wind development projects and represents just under 10 percent of wind megawatts (MW) under construction in the U.S. as a whole.

            The company is a long-time leader in the origination and development of utility-scale wind energy projects.  According to AWEA’s Q1 2018 results, TGE outpaces its nearest competitor in Texas by more than six times the number of megawatts either under construction or in advanced development.  With 3,112 MW under construction or in advanced development in the first quarter of 2018, TGE’s wind portfolio is nearly 50 percent of the total of 6,664 MW of wind projects either under construction or in advanced development in Texas.

            During Q1 2018, U.S. wind project developers reported a combined 33,449 MW of wind capacity under construction or in advanced development, a 40 percent year-over-year increase and the highest level since AWEA began tracking both categories in 2016.

 “The fastest growing energy source in the world today isn’t oil, or coal, or hydrogen – it’s wind,” said John Billingsley, Chairman and CEO of Tri Global Energy. “And while wind power is not likely to replace fossil fuels in the near future, wind is a key player in shifting the country’s energy dependence toward domestic, renewable sources.

“Wind energy is affordable, reliable and clean – and that’s driving strong demand,” said Billingsley. 

About Tri Global Energy

Tri Global Energy (TGE) is an independent renewable energy originator and developer in the U.S. The company is a leading wind developer in Texas and is among the top five in the U.S. for projects under construction. Nearly 3,500 megawatts of TGE’s development projects are either in financing, construction or operation, including wind, solar and energy storage projects.

Founded in 2009, Tri Global Energy’s mission is to improve communities through local economic development generated by originating and commercializing renewable energy projects. The company currently develops and owns utility-scale wind and solar energy projects in Texas, Nebraska, Illinois, Indiana and Virginia. Tri Global Energy is headquartered in Dallas with regional development offices in Lubbock, Texas; El Paso and Forreston, Illinois and Hartford City, Indiana. For more information, visit www.triglobalenergy.com.