It came a day late, but US politicians in Washington finally approved on Tuesday a major piece of legislation that would increase taxes only on the most wealthy Americans as well as extending the highly-successful Production Tax Credit (PTC) on wind power projects. Backed by both the Senate and the House of Representatives, the bill … Continue reading Last-minute deal in US extends successful wind energy PTC
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Australia plan largest wind energy project in Tasmanian
Hydro Tasmania has begun community consultation on King Island for its proposed 600MW TasWind farm, which would deliver wind energy to the National Electricity Market (NEM) via an undersea cable to Victoria. With a price tag of A$2 billion (US$2.08 billion), the project requires a minimum of 200 turbines to be economically viable, which would … Continue reading Australia plan largest wind energy project in Tasmanian
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Hyundai develops permanent magnet synchronous generator or offshore wind turbines
Hyundai Heavy Industries, or HHI, a shipbuilder and a green energy company, has developed 5.85MW permanent magnet synchronous generator, or PMSG, for offshore wind turbines. The PMSG is the main equipment of wind turbine for converting wind energy to electricity. With improved durability and minimized use of expendables, product life of the generator is extended … Continue reading Hyundai develops permanent magnet synchronous generator or offshore wind turbines
Continue readingVestas sees stronger US wind energy market due PTC extension
Vestas believes strongly in the U.S. wind energy industry, and has made significant investments in the region through new manufacturing facilities in recent years. These investments contribute to creating the U.S. industrial base the PTC extension helps to sustain. The short-term PTC extension is critical to ensure projects move forward and orders are placed that … Continue reading Vestas sees stronger US wind energy market due PTC extension
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Vestas, Gamesa Advance After U.S. Extends Wind Energy PTC
Vestas Wind Systems A/S (VWS), the biggest wind-turbine maker, led gains among European peers as the U.S. Congress approved a law extending a tax credit for the industry. Shares in Aarhus, Denmark-based Vestas surged as much as 13 percent, the most in five weeks, and were up 8.7 percent at 34.64 kroner as of 12:52 … Continue reading Vestas, Gamesa Advance After U.S. Extends Wind Energy PTC
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PTC: Wind energy may emerge as one of the winners of the fiscal cliff tax negotiations
Wind energy may emerge as one of the winners of the fiscal cliff tax negotiations, as compromise legislation passed by the Senate on Tuesday morning included a tax credit for renewable energy, according to the Associated Press. The Senate overwhelmingly approved compromise legislation that would cancel some of the tax increases and spending cuts, characterized … Continue reading PTC: Wind energy may emerge as one of the winners of the fiscal cliff tax negotiations
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Solar power on the rise in Germany
Solar energy is on the rise in Germany, with a record 1.3 million photovoltaic systems in 2012. The increase comes as new consumer taxes on energy are to take effect in the country. The recent solar boom means the alternative form of energy now reaches 8 million homes in Germany, a 45 percent increase compared … Continue reading Solar power on the rise in Germany
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GE leads deal to buy Iberdrola wind farm in France
Iberdrola is selling its French wind farm business to a consortium led by American industrial giant General Electric for about €400 million (£326.4m) in its drive to cut debt and maintain an investment grade credit rating. The world’s largest operator of wind farms said in October that it would sell some of its operations, slash … Continue reading GE leads deal to buy Iberdrola wind farm in France
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Sindh has potential of generating 50,000MW wind energy
Renewable energy expert Irfan Mirza has said Pakistan can generate 50000MW electricity from wind in Siodh coastal areas. Talking to a private news channel, he lauded the project of 50MW inaugurated by President Asif Ali Zardari in Thatta. He said though equipment is expensive, the cost of project regarding wind energy is affordable. He said … Continue reading Sindh has potential of generating 50,000MW wind energy
Continue readingWind energy PTC set to expire today
Key federal incentives for wind power are set to expire today as fiscal cliff negotiations stretch into the final hours of 2012. The production tax credit provides a 2.2-cent tax break for every kilowatt-hour of electricity produced from large-scale wind farms. The wind energy industry supports manufacturing and construction jobs in Pennsylvania, according to the … Continue reading Wind energy PTC set to expire today
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MidAmerican Wind announces completion of 300-megawatt Pinyon Pines Wind I and II projects
MidAmerican Wind, a subsidiary of MidAmerican Renewables, announced completion of its 168-megawatt Pinyon Pines Wind I and 132-megawatt Pinyon Pines Wind II projects, formerly known as Alta Wind VII and Alta Wind IX. “The completion of the Pinyon Pines Wind I and Pinyon Pines Wind II projects bring MidAmerican Wind’s renewable energy portfolio to 381 … Continue reading MidAmerican Wind announces completion of 300-megawatt Pinyon Pines Wind I and II projects
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Solar power sparks innovation in Qatar
Solar energy is abundant in Qatar. All that untapped solar power could create a new energy economy in this oil-rich nation. Researchers are already testing solar-powered cooling systems and water desalination plants. Researcher Nesrin Ozalp slides on a pair of big, black, UV resistant sunglasses and enters her lab in the research facility at Texas … Continue reading Solar power sparks innovation in Qatar
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Uruguay could become the world leader in wind energy generation by 2015
Out of the total 90 percent of renewable electricity, 45 percent will come from hydropower, 15 percent from biomass and the remaining 30 percent will come from wind energy. The figures would put Uruguay above Denmark, which generates 26 percent of its electricity from wind, as the world leader in wind energy generation. Uruguay, the … Continue reading Uruguay could become the world leader in wind energy generation by 2015
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Nissan and BMW Spearheading Wireless EV Charging Technology
Even though recent years have seen an increase in the numbers of electric vehicles as well as charging stations, these are still not the most popular choice as people harbor fears of getting stranded far away from home if they run out of electrical power. This has paved way for car makers such as Nissan … Continue reading Nissan and BMW Spearheading Wireless EV Charging Technology
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Geothermal Energy Industry Ends 2012 on a High Note
The Geothermal Energy Association (GEA) recounts top stories of 2012 in projects, international developments, technological advancements, policy and geothermal community events, plus 2013 outlook. The past 12 months saw continued economic challenges for many American industries, including those in the renewable energy field, but the country’s geothermal community witnessed a year of growth, both domestically … Continue reading Geothermal Energy Industry Ends 2012 on a High Note
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Geothermal energy could replace nuclear power in Japan
Iceland’s ambassador to Japan, Stefan Larus Stefansson, lectured in Tokyo not too long ago about the enormous potential for geothermal energy in Japan. He pointed out that if the geothermal potential of the country could be fully invested in and tapped, about 25 nuclear reactors could be replaced. He cited his home country’s example in … Continue reading Geothermal energy could replace nuclear power in Japan
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China: A revolution is here, and clean energy is the spark
China faces particular challenges and responsibilities in safeguarding future As the world’s fastest-growing economy and as the nation with the largest population, China is experiencing diverse and profound political, economic and diplomatic challenges. Among the most acute of these are to do with energy and the environment. Even as China draws the benefits and accolades … Continue reading China: A revolution is here, and clean energy is the spark
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Pakistan: Wind energy sector needs encouragement
The Pakistan Economy Watch (PEW) on Friday lauded government, Asian Development Bank (ADB) and Fauji Fertilizer Company Energy Limited (FFCEL) for promoting wind energy in Pakistan. All the stakeholders have played a very positive role in introduction of wind energy in the country facing acute power shortages which has sent very positive signals, said Dr … Continue reading Pakistan: Wind energy sector needs encouragement
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Nissan Leaf gets battery warranty boost
Almost 18,000 Leaf owners complained of battery capacity loss and poor performance in their vehicle’s lithium-ion battery. Therefore Nissan decided to replace those batteries and also extend the warranty coverage. With this action, Nissan becomes the first and only manufacturer in the automotive industry to provide limited warranty coverage for battery capacity loss for electric … Continue reading Nissan Leaf gets battery warranty boost
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Vestas signs first 17 MW as part of a 184 MW onshore wind energy agreement in Denmark
Vestas has signed a framework agreement to deliver 184 MW over three years with a long-term Danish customer, with the first 17 MW now firm and unconditional. The deal represents the largest single onshore customer framework agreement in Vestas’ history in Denmark and points to a positive future for the Danish wind market. The first … Continue reading Vestas signs first 17 MW as part of a 184 MW onshore wind energy agreement in Denmark
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