African Development Bank President Donald Kaberuka and Elizabeth Littlefield, president and CEO of the U.S. Overseas Private Investment Corp., signed on Friday a letter of intent to finance the 310-megawatt Lake Turkana Wind Power Project in northern Kenya. Investors hope the project will help address a power supply shortfall in the country, which experiences frequent outages … Continue reading Lake Turkana Wind Power Project in northern Kenya
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The new Moventas Exceed high torque density 3 MW gearbox to be piloted by Acciona Windpower
Acciona Windpower has agreed with Moventas on prototype as well as serial deliveries of a 3 MW wind gearbox product based on Moventas’s new Exceed series of high torque density gearboxes. Acciona Windpower has agreed with Moventas on prototype as well as serial deliveries of a 3 MW wind gearbox product based on Moventas’s new … Continue reading The new Moventas Exceed high torque density 3 MW gearbox to be piloted by Acciona Windpower
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200,000 Kenyans to benefit from wind power project
More than 200,000 Kenyans living in marginalized areas far from the national electricity grid are set to benefit with cheap wind power generated electricity in four years’ time. This is courtesy of the wind for prosperity project initiated by the Danish government that will target 13 marginalized areas. About 68 percent of Kenyans still do … Continue reading 200,000 Kenyans to benefit from wind power project
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Wind turbines at one of Africa’s largest wind power plant in Morocco went on line
The first 44 of 131 wind turbines at one of Africa’s largest wind farms in Tarfaya, southwest Morocco, went on line. The wind power project is a step in the plan for the country to generate 42 percent of its electricity needs from renewable sources by 2020. A total of 88 wind turbines have so … Continue reading Wind turbines at one of Africa’s largest wind power plant in Morocco went on line
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Iran to inaugurate new wind farm
The new wind farm in Iran will be inaugurated in the northern Takestan region on August 11. The wind farm will have the capacity to generate 20 megawatts of electricity, Iran’s Mehr news agency reported on August 10. Iran plans to generate 5,000 megawatts of electricity using renewable sources of energy for five years. Power … Continue reading Iran to inaugurate new wind farm
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Vattenfall Continues to Invest in Offshore Wind Energy in Germany
Vattenfall and Stadtwerke München (Munich City Utilities, SWM) have decided to jointly invest about 11 billion Swedish kronor (1.2 billion Euro) in a second joint offshore wind farm off the German North Sea coast. The offshore wind project Sandbank will include 72 units of 4 MW wind turbines (totaling 288 MW) and is expected to … Continue reading Vattenfall Continues to Invest in Offshore Wind Energy in Germany
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Solar Energy in Kazakhstan
Kazakhstan has adopted a new feed-in tariff last month. The EBRD has worked with the Ministry of Industry and New Technologies and the Ministry of Environmental Protection to help develop various aspects of the new legislation. The tariff is set at 34,61 tenge/kWh (approx. 14 eurocents), and will be fully indexed/adjusted for inflation annually. The … Continue reading Solar Energy in Kazakhstan
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The State of the Global Wind Energy Industry
Driven by policy uncertainty in the United States and the lingering effects of the 2008 financial crash in Europe, the wind power industry declined 20% year on year, in terms of new capacity installations, in 2013, compared to market growth of 18.6% in 2012. It was the first time in 8 years that the industry … Continue reading The State of the Global Wind Energy Industry
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Eletrosul to expand Brazilian wind power
Last month, Gamesa Corp. Tecnologica SA announced it won an order to supply 24 wind turbines capable of generating 48 megawatts to Cerro Chato. The turbines are scheduled for delivery this year. Eletrosul Centrais Eletricas SA, a Brazilian state-run power company, will add 48 megawatts of capacity to its Cerro Chato wind farm at a … Continue reading Eletrosul to expand Brazilian wind power
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India has set a target of achieving wind energy installed capacity of 27,300 MW by 2017
India has set a target of achieving overall wind energy installed capacity of 27,300 MW by 2017 and 38,500 MW by 2022. As per NOVONOUS estimates, this creates an US$ 31.25 billion opportunity in the wind energy market in India till 2022. The wind energy market in India has been growing since the last many … Continue reading India has set a target of achieving wind energy installed capacity of 27,300 MW by 2017
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Atlantic City offshore wind farm is $47M closer to realization
The U.S. Department of Energy has promised up to $47 million to a Chinese backed windmill project that has already been rejected twice by New Jersey regulators, but Tuesday the $200 million Atlantic City offshore project moves one step closer to realization. And with a shake of the hand and click of an iPad the … Continue reading Atlantic City offshore wind farm is $47M closer to realization
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U.S. Gov’t Loans $64.5M for Gamesa wind turbines in Uruguay
Gamesa, one of the world’s largest wind energy companies, has announced that it has installed a total of 30 GW worth of wind power. The Export-Import Bank of the United States is giving a $64.5 million direct loan to a company in Uruguay for the purchase of wind turbines made by a Spanish company Gamesa … Continue reading U.S. Gov’t Loans $64.5M for Gamesa wind turbines in Uruguay
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Orosí wind farm in Costa Rica
Citigroup has issued a $45.5 million line of credit for the purchase and import of 25 Gamesa wind turbines for the Orosí wind farm, located in the area of Quebrada Grande near Liberia, Guanacaste. The new wind turbines are expected to generate an additional 50 MW of power. The line of credit was provided to … Continue reading Orosí wind farm in Costa Rica
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Green Storage Revolution
With energy storage hugely important for the development of distributed generation and the integration of renewables into the electricity system, Enel Green Power has been investing its commitment to storage projects. The energy storage market will be worth $50 billion in six years’ time, according to Finding Growth Opportunities in the $50 Billion Energy Storage … Continue reading Green Storage Revolution
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Construction completed on phase one of Borkum West II offshore wind farm in Germany
SgurrEnergy is advising Trianel Windfraftwerk Borkum (TWB) on the project, which is located 45km to the north of the German island of Borkum. The company served as technical advisor, monitoring operations and providing monthly reports on progress and budget reviews. SgurrEnergy will continue to advise TWB during the commissioning phase, which is planned to be … Continue reading Construction completed on phase one of Borkum West II offshore wind farm in Germany
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Wind energy right decision
South Dakota should discuss its energy resources (J.L. Fisher, July 19), but it must do so on facts, not misinformed opinion. The fact is, wind power is a cheap, clean and reliable source of electricity that South Dakota should continue to invest in. Wind energy creates jobs, boosts the local economy and keeps our air … Continue reading Wind energy right decision
Continue readingChina invests in Tanzanian wind power project
Tanzania has become the latest beneficiary of financial assistance from China, for a 300 MW wind energy project. China’s Export-Import Bank will provide $136 million in loan to set up a part of this project that will have a generation capacity of 50 MW. The project, to be developed by Geo Wind Tanzania Limited, is … Continue reading China invests in Tanzanian wind power project
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Elecnor to build wind farm in Jordan
Elecnor has been awarded a contract to build an 83-million-euro ($110.6-million) wind farm in the southern Jordanian city of Maan. The contract includes engineering, procurement and construction of the 66 MW wind farm, which will be Jordan’s second, Elecnor said in a filing Wednesday with Spanish stock market regulator CNMV. The wind farm will be … Continue reading Elecnor to build wind farm in Jordan
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Cape Wind inks deal for wind farm
Cape Wind has announced it has signed a contract with a joint-venture company to build the proposed Nantucket Sound wind farm, supplanting an announcement two years ago that the offshore wind energy developer had selected three other companies for the job. The company — Weeks/Manson, a Joint Venture — will use skilled workers from the … Continue reading Cape Wind inks deal for wind farm
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Macquarie infrastructure company acquires interest in wind power facilities
Macquarie Infrastructure Company (NYSE:MIC) announced that it has invested $11.5 million, excluding transaction-related costs, in a noncontrolling interest in Idaho Wind Partners 1 LLC, a portfolio of 183 megawatts of wind power generating facilities, near Twin Falls, Idaho. MIC funded the transaction with available cash. “We’re pleased to have acquired this stake in Idaho Wind … Continue reading Macquarie infrastructure company acquires interest in wind power facilities
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