Latest Wind Power company news
For years the wind energy industry and numerous state and federal politicians have claimed that increasing the use of wind power to produce electricity will result in huge reductions in CO2 and other emissions. These claims rest on the results of dispatch models that predict not only emissions, but also fuel costs and generation levels for individual utilities and utility grids.
Government tax breaks and state renewable power mandates support wind generation with a goal of reducing CO2 and o... [more]
Baillie Wind Farm is situated in the north of Scotland, in Caithness region, approximately 7 km west of Thurso. Statkraft has decided to finance and construct Baillie Wind Farm in Scotland. Statkraft’s total investment is expected to amount to approximately GBP 60 million.
The wind farm, to be completed in 2013, will consist of 21 turbines with a maximum installed capacity of 52.5MW and will have an average annual generation of approximately 170 GWh.
This strengthens Statkraft’s position... [more]
Goldwind USA, Inc. has selected Broadwind Energy, Inc. to supply approximately seventy 85 meter wind turbine towers for its Shady Oaks project in Lee County, Illinois, set for installation during the second half of 2011.
“We are delighted with Goldwind’s decision to select Broadwind to produce towers for its first utility-scale project in the Americas,” said Peter C. Duprey, president and chief executive officer of Broadwind Energy. “Flexibility, quality and customer focus have been a founda... [more]
The announcement that Transmission Capital Partners (TCP) has been awarded the first license granted from Ofgem to operate a high voltage link to the Robin Rigg offshore wind farm may have created another level of complexity for all parties involved.
The contract was being hailed as a new way of promoting efficiency in the energy environment and the license has been granted for a duration of 20 years. However, Angus Walker, partner and planning lawyer at law firm Bircham Dyson Bell LLP is co... [more]
According to the third issue of the Wind Turbine Price Index (WTPI), published by Bloomberg New Energy Finance, wind turbine contract prices signed in 2010 for delivery in H2 2010 and H1 2011 continue to point to a significant decline compared to 2008 prices. This reduction amounts to some 15%.
Bloomberg New Energy Finance analysis shows that turbine prices peaked at EUR 1.22m/MW for contracts signed in 2008 for delivery in H1 2009. Nevertheless, current over-supply in the global market - mai... [more]
According to an annual report published by Bloomberg New Energy Finance, the valuations placed on wind energy assets slipped in 2009. The report, Portfolio Hunters III: focus on the acquisition and valuation of wind power assets, shows that asset divestment programs by some developers and a risk-averse attitude by potential buyers led to a modest fall in the valuations placed on commissioned wind farms, and a bigger fall in the value of assets under development.
Bloomberg New Energy Finance’s... [more]
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