Gamesa, global leader in technology in the wind energy sector, has signed an agreement with the German real capital asset manager KGAL GmbH & Co. KG for the sale of three wind farms in France and one in Germany, with a total installed capacity of 56 MW, to KGAL’s renewable energy fund for institutional investors … Continue reading German fund buys 56 MW wind turbines from Gamesa
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Trustpower set to expand South Australian wind farm
The Tauranga-based listed firm says the 270 megawatt wind farm near Adelaide is expected to cost up to $439 million, a decrease of 6% from earlier estimates. Trustpower chief executive Vince Hawkesworth says the strong Australian dollar has been to its advantage. He says the project has all the characteristics of what a good wind … Continue reading Trustpower set to expand South Australian wind farm
Continue readingTop U.S. Energy Department Official Visits Iowa, Calls on Congress to Extend Wind Energy PTC
REVE In 2011, Iowa generated nearly 19 percent of its total electricity from wind energy, making it one of America’s wind energy leaders. According to the American Wind Energy Association (AWEA), Iowa’s wind industry supported 4,000 to 5,000 direct and indirect jobs in 2010. Today, Under Secretary for Energy (Acting) and Assistant Secretary for … Continue reading Top U.S. Energy Department Official Visits Iowa, Calls on Congress to Extend Wind Energy PTC
Continue readingIberdrola earns €1,801 million to june despite sharp drop in Spain
IBERDROLA’s first half earnings were €1,800.5 million (+15.2%), with Ebitda up 2% at €4,086.8 million. These results reflect the important contribution of the company’s international business despite worsening conditions in Spain. All Group divisions have produced improved results, although liberalised and networks businesses in Spain have shown strong downward trends. International business earnings rose … Continue reading Iberdrola earns €1,801 million to june despite sharp drop in Spain
Continue readingAcciona’s wind power capacity totalled 6,965 MW
EBITDA totalled 677 million euros and revenue closed at 3.35 billion euros. ACCIONA’s attributed net profit in the first half of 2012 totalled 80 million euros, 67.7% less than the 248 million euros obtained between January and June of 2011. The 2011 results included capital gains of 210 million euros from the sale of two … Continue reading Acciona’s wind power capacity totalled 6,965 MW
Continue readingFifth Third Bank Buys 30% Green Power From Missouri Wind Farm
Fifth Third Bank today announced its purchase of 60 million kilowatt-hours (kWh) of wind power in 2012. Equivalent to 30 percent of the Bank’s projected 2012 electricity consumption, this wind will be sourced from the Lost Creek Wind Farm in DeKalb County in northwest Missouri. As a result of this purchase, … Continue reading Fifth Third Bank Buys 30% Green Power From Missouri Wind Farm
Continue readingFreudenberg Group Engages in American Wind Energy Market
The Freudenberg Group has developed a broad range of technically challenging product solutions and services for the fast growing American wind energy market. Various operating companies of the Freudenberg Group are dedicating considerable effort to the development of renewable energy resources. The extensive product portfolio ranges from sealing product innovations from Simrit, over several thousand … Continue reading Freudenberg Group Engages in American Wind Energy Market
Continue readingEuropean wind power industry backs Commission proposal to boost carbon price
The European Commission has today taken action to shore-up the EU’s Emission Trading System (ETS) by proposing to delay the auctioning of carbon allowances. Delaying allowances is needed to prevent further falls in the carbon price. The move must now be agreed by Member States and the European Parliament. “The European Commission has finally taken … Continue reading European wind power industry backs Commission proposal to boost carbon price
Continue readingWind farm: UK subsidy cut less severe than feared but future targets in jeopardy
Investors and potential investors in onshore wind energy in the UK can breathe a sigh of relief today after the government agreed to cut subsidies by 10% from April 2013, and not 25% as was previously feared. “Renewable energy will create a multibillion-pound boom for the British economy, driving growth and supporting jobs across the … Continue reading Wind farm: UK subsidy cut less severe than feared but future targets in jeopardy
Continue readingWind turbines: On turbine sound, it’s Bryce vs. science
Insistent wind critic Robert Bryce had a column in the National Review last week which raised a number of objections to wind power. Clean Line Energy’s Jimmy Glotfelty responded in an op-ed, to which Mr. Bryce has written an additional response. Among the issues Mr. Bryce discusses is that of wind turbine sound. The following … Continue reading Wind turbines: On turbine sound, it’s Bryce vs. science
Continue readingEDP Renewables 1H 2012: EBITDAup by 23% (YoY) to 504 million Euros
REVE EDP Renewables (EDP Renováveis, Euronext: EDPR), a global leader in the renewable energy sector and the world’s third-largest wind energy producer, today announced that in 1H 2012 electricity output increased by 13%YoY to 9.9TWh, as a result of the capacity growth over the last 12 months ( 339 MW),an average load factor of 32% … Continue reading EDP Renewables 1H 2012: EBITDAup by 23% (YoY) to 504 million Euros
Continue readingGE, Gama complete Turkish wind farm as country boosts renewables
Located in the city of ?zmir in the Aegean region, the 10-megawatt wind power project began generating electricity on July 4, 2012. Four 2.5-megawatt GE wind turbines, which just surpassed two gigawatts of installed capacity worldwide, are in use at the site. GAMA Enerji’s other wind farm, the 22.5-megawatt Sares wind farm, uses nine 2.5-megawatt … Continue reading GE, Gama complete Turkish wind farm as country boosts renewables
Continue readingWind energy: Gamesa to deliver wind turbines MW to Huadian Group in China
Gamesa, a global technology leader in wind energy, has just signed a deal to supply 48 MW of capacity of its G87-2.0 MW Class S wind turbine to Chinese wind power company Huadian Group for a wind farm the power company built in Liyushan of Fujian Province. All the machines will be started to deliver … Continue reading Wind energy: Gamesa to deliver wind turbines MW to Huadian Group in China
Continue readingWind farm rises on Alaskan island
Look hard to the west from mainland Anchorage. The horizon is changing fast. Tall towers are rising up on Fire Island as Cook Inlet Region Inc. builds its long-talked-about wind farm. By the end of September, it is expected to be producing electricity – the first megawatt-scale wind project in Southcentral Alaska. From select vantage … Continue reading Wind farm rises on Alaskan island
Continue readingRepsol – Developing synergies in energy
Repsol is no stranger to offshore activity, having operated in the most demanding of environments for the exploration and production of oil and gas. However one of the challenges for Repsol as an energy company has been to increase its knowledge and experience by investing further in the research and development of renewable energy sources. … Continue reading Repsol – Developing synergies in energy
Continue readingWind Energy to Quench Thirst of Power
The Brazilian economy today can be characterized into one of the fastest growing economies of the world. The population figures too are raising eyebrows. Being Latin America’s largest nation, this burgeoning economy’s consumption of power has been a major issue of discussion worldwide. Also, with the rising growth rate of overall installed capacity year by … Continue reading Wind Energy to Quench Thirst of Power
Continue readingGE Wind Turbines Orders Plunge 37%
US industrial giant General Electric (GE) has reported net income of $3.1bn (£2bn) for the second quarter of 2012, down from $3.7bn the same time in 2011. However, GE’s transport business grew by 58% in the quarter, while its energy business followed closely. GE said orders included a deal to build 176 locomotives for US … Continue reading GE Wind Turbines Orders Plunge 37%
Continue readingWind power in Turkey: Wind Farm Through GAMA Enerji
GAMA Enerji’s other wind farm, the 22.5-megawatt Sares wind farm, uses nine 2.5-megawatt GE wind turbines and began commercial operations in March 2011. GE unit GE Energy Financial Services is pursuing its global growth, reinforcing the company’s ecomagination initiative and increasing renewable energy in Turkey by completing the country’s newest wind farm – the Karadag Wind … Continue reading Wind power in Turkey: Wind Farm Through GAMA Enerji
Continue readingQuebec Set To Add Another 700MW of Wind Energy
The Canadian Wind Energy Association (CanWEA) applauds today’s Québec government announcement of a fourth call for tenders for the commissioning of a new 700-MW wind energy block. In issuing this new call for tenders, Québec Premier Jean Charest reaffirms his government’s commitment to renewable energy by seeking to attain the 4,000-MW objective set in its … Continue reading Quebec Set To Add Another 700MW of Wind Energy
Continue readingIEA: Wind Energy Will Be Among Top Global Renewable Sources By 2017
Renewable power generation is expected to continue its rapid growth over the next five years, according to a new report from the International Energy Agency (IEA) that acknowledges the coming-of-age of the renewable energy sector. The report says that despite economic uncertainties in many countries, global power generation from hydropower, solar power, wind power and … Continue reading IEA: Wind Energy Will Be Among Top Global Renewable Sources By 2017
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