A network of power lines is being built that will connect the areas in the Upper Midwest… especially Iowa, Minnesota and the Dakotas… to the areas of the Eastern U.S. that need the power produced.
This press release posted on TradingMarkets.com says that ITC Holdings, Mitsubishi Electric and Mitsubishi Electric Power Products are expanding their efforts to get the network up and running:
Mitsubishi Electric will produce 765kV transformers for use in ITC’s Green Power Express project, a 3,000-mile long network of transmission lines that will move renewable energy from remote areas in the Upper Midwest to major Midwest and East Coast population centers.
In addition, ITC and Mitsubishi Electric Power Products have agreed to work jointly on the development of a 765kV circuit breaker that will go into production by 2011 at Mitsubishi Electric Power Products’s Warrendale, Pennsylvania manufacturing facility.
Jon Jipping, executive vice president and COO of ITC Holdings, said: “ITC has had a successful relationship with Mitsubishi Electric and Mitsubishi Electric Power Products for over five years and is pleased with this opportunity to extend the partnership as ITC continues to grow.
ITC officials say the partnership will help move up the development of the Green Power Express while encouraging American jobs to build the equipment.