About the CPV Sentinel Energy Project

Welcome to the CPV Sentinel Energy Project

Competitive Power Ventures (CPV) is dedicated to creating reliable, affordable and environmentally responsible solutions to growing energy needs. CPV satisfies growing demands for electricity with clean energy sources. CPV 's Wind Farms are designed to provide a steady source of renewable energy. They are complemented by CPV 's state-of-the-art natural gas Sentinel Energy Project designed to generate electricity when needed to protect the region from dangerous blackouts.

CPV is pleased to partner with the community of Desert Hot Springs and the entire Coachella Valley to provide local benefits and regional energy solutions.

Sentinel Energy is the solution

In California we have increasing demands for new, cleaner, and more efficient electricity generation facilities. In response to these mandates, the California Public Utilities Commission has enabled Southern California Edison (SCE) to procure 3,200 megawatts (MW) of capacity by 2013 and to bring more power online as soon as practicable. Today, CPV Sentinel is the only new power project with approved energy supply contracts to meet these energy needs.

Protects against blackouts

CPV Sentinel will operate only during periods of peak demand for electricity – 15 percent to 30 percent of the year – to protect against blackouts and stabilize the overall power grid system. CPV Sentinel will generate 800 MW of power – enough power to protect the entire Coachella Valley in time of crisis.

Benefits the Valley’s groundwater

CPV Sentinel will actually provide a major benefit to the Coachella Valley water supply at a time when we all need to focus on creative water plans.

CPV Sentinel will:

• Purchase and import for recharging the groundwater sub basin up to twice the amount of water the power project will ever use
   
• Fund projects to conserve potable water in the west end of the CoachellaValley in amount at least equal to the amount of water which it uses

The ideal location for the Valley’s needed energy project

The CPV Sentinel site is 37 acres adjacent to SCE’s Devers Substation north of I-10 and east of Highway 62. The site is already zoned for a power plant and transmission lines are already in place.

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Project Partners

CPV co-owns the $900 million Sentinel Energy Center along with GE Energy Financial Services and Diamond Generating Corporation (DGC).

About GE

GE (NYSE: GE) is an advanced technology, services and finance company taking on the world's toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide.

GE also serves the energy sector by providing technology and service solutions that are based on a commitment to quality and innovation. The company continues to invest in new technology solutions and grow through strategic acquisitions to strengthen its local presence and better serve customers around the world. The businesses that comprise GE Energy Power & Water, GE Energy Services and GE Oil & Gas-work together with more than 90,000 global employees and 2010 revenues of $38 billion, to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; as well as other alternative fuels and new grid modernization technologies to meet 21st century energy needs.

About Diamond Generating Corp.

As a wholly owned subsidiary of Mitsubishi Corporation (A+/A1), one of the world's most diverse enterprises, with over 700 subsidiaries and affiliates worldwide, Diamond Generating Corporation has developed a reputation for financial strength and long-term stability. Our expertise in power development and generation, including greenfield development, acquisition, fuel procurement, financing, construction, operations management and asset management has resulted in a portfolio of efficient, state-of-the-art, environmentally sound generating facilities.

Headquartered in Los Angeles, DGC currently owns 10 operating power generating facilities around the U.S. totaling 6,226 MW, with about 2,000 MW of net equity. Of these projects, two are wind projects, the 125-MW Goshen II Wind Project in operation and the 80-MW Rockland Wind Project, which is under construction. The remainder of the portfolio is natural-gas fired. DGC currently operates two of its facilities in Southern California.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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