Latest Wind Power product news
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]
American Superconductor Corporation (AMSC) has received another follow-on order for 30 sets of wind turbine power electronic components from Hyundai Heavy Industries Co., Ltd (HHI). HHI will use the components in the 1.65 megawatt (MW) wind turbines designed by AMSC’s wholly owned AMSC Windtec™ subsidiary. AMSC expects to complete shipments under this new order by June 30, 2010.
“HHI’s vision is to be the global leader in heavy industries, providing products and services that are unrivalled i... [more]
In order to meet the 20% Wind Energy scenario by 2030, significant investment will need to occur into the domestic wind supply chain. Currently, critical supply chain bottlenecks exist for key components such as gearboxes, structural metal, and inverters. The transmission interconnection, as well, is proving to be challenging as companies are currently struggling to meet existing demand.
As the market drives forward to meet the vision of a broader base of domestic wind energy, one of the key... [more]
Renewable energy effectively uses natural resources such as sunlight, wind, rain, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, hydroelectricity/micro hydro, biomass and bio-fuels for transportation.
In recent years, about 19% of global final energy consumption came from renewables, with 13% coming from traditional biomass, like wood-burning. Hydropower was the next largest renewable source, providing three percen... [more]
According to the Chinese Wind Energy Association, China will grow its base of wind power from 5.9 gigawatts (GW) at the end of 2007 to more 10 gigawatts in 2008. In its Global Wind Energy Outlook 2008 report, the Global Wind Energy Council estimates that China’s installed base could grow to 101 GW by 2020 under its “moderate” outlook scenario and 201 GW under its “advanced” scenario.
American Superconductor Corporation has announced that it has received a multi-million-dollar order for 100 s... [more]
According to a new report from Lux Research, "Alternative Power and Energy Storage State of the Market Q4 2008: Weaving the $65 Billion Power Web", the power grid today is wasteful, costly, inefficient and dumb – and ill-equipped to address many pressing energy issues, from the need to focus on climate change and carbon cost, to the demand for high reliability. However, the advent of distributed generation, distributed storage, and distributed intelligence will change power infrastructure into a... [more]
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