Wednesday, July 31, 2013

Late PTC Save Puts Chokehold On U.S. Wind Commissioning

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Date: Jul 31, 2013 5:44 AM
Subject: Late PTC Save Puts Chokehold On U.S. Wind Commissioning
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Up Front
Late PTC Extension Squeezes First-Half Commissioning Of U.S. Wind Projects
on 30 Jul 2013 by Mark Del Franco
The delay in the extension of the federal production tax credit (PTC) for wind has resulted in zero commissioned wind projects in the U.S. for the second quarter. In fact, the American Wind Energy Association (AWEA) reports that only a single GE 1.6 MW wind turbine - located at North [read more]
N.J. Regulators: 'Repeated Back-And-Forth' Over Wind Turbine Provider Hurt Fishermen's Application
on 30 Jul 2013 by Mark Del Franco
In a filing released Tuesday, the New Jersey Board of Public Utilities (BPU) reveals that it recently rejected Fishermen's Energy's settlement agreement with the New Jersey Division of Rate Counsel because, among other factors, the developer continually changed turbine suppliers. The BPU's decision represented a major setback for the developer, [read more]
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Latest News
BP Halts Sale Of U.S. Wind Energy Business
on 30 Jul 2013 by NAW Staff
Despite receiving "a number of bids," BP has announced it no longer plans to divest its U.S. wind energy business. In April, the conglomerate revealed intentions to sell its wind portfolio in order to focus on its core oil and gas business. BP is a full or part owner of [read more]
Study: Albertans File Few Complaints About Wind Power
on 30 Jul 2013 by NAW Staff
Albertans file very few complaints about wind power projects once those projects are operating, according to a new study by the Pembina Institute. The Pembina Institute says its study was designed to document the number and nature of official complaints that have been brought to the various authorities in Alberta [read more]
GDF SUEZ Energy Resources Donating RECs To New England Aquarium
on 30 Jul 2013 by NAW Staff
For the fifth consecutive year, GDF SUEZ Energy Resources NA has announced that it will donate renewable energy certificates (RECs) to the New England Aquarium, located in Boston. Each Green-e Certified REC represents the environmental attributes or benefits associated with a specific quantity of energy generated from a renewable source, [read more]
ACORE Names Michael Brower Interim CEO
on 30 Jul 2013 by NAW Staff
The American Council On Renewable Energy (ACORE) has announce that Michael R. Brower will step in to lead the organization during the search for a new president and CEO. Brower, Mosaic Federal Affairs' senior federal policy director and principal and ACORE board member, will begin in his role in September. [read more]

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PSI Offers Replacement For Xantrex Matrix Inverters
on 30 Jul 2013 by NAW Staff
PSI Repair Services Inc., a subsidiary of Phillips Service Industries, has introduced a new replacement for Xantrex Matrix Inverters found in GE 1.5 MW S Series wind turbines. PSI says its drop-in replacement inverter is a form, fit and function solution with fault detection. The company also offers repair services [read more]
Manufacturer Of Wind Turbine Parts Closes Plant In Wisconsin
on 29 Jul 2013 by NAW Staff
Wausaukee Composites, a company that makes components for wind turbines, has closed down its manufacturing facility in Cuba City, Wis. According to a report in the Wisconsin State Journal, 33 employees lost their jobs Friday and three other employees are moving to the company's headquarters in Wausaukee. President and CEO [read more]
Is Canada Falling Behind On Renewable Energy Consumption?
on 29 Jul 2013 by NAW Staff
Citing statistics from the U.S. Energy Information Administration (EIA), the canadian association for renewable energies says that Canada's consumption of renewable energy will remain lower than most of the world, at 1.6% annual growth until 2040, compared with 1.8% for the U.S. and 2.5% for the world. In 2010, Canada [read more]
J.P. Morgan Invests In 100 MW Anacacho Wind Farm
on 29 Jul 2013 by NAW Staff
E.ON Climate & Renewables (EC&R) North America reports that JPM Capital Corp. (J.P. Morgan) has provided equity financing of approximately $76.6 million for a partial interest in the developer's 100 MW Anacacho Wind Farm. The project, located in Kinney County, Texas, is approximately 14 miles southeast of Brackettville and consists [read more]

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BNEF: Renewables Sector To Spend Significantly More On Insurance By Decade's End
on 29 Jul 2013 by NAW Staff
The renewable energy industry could be spending three times as much on insurance every year by 2020 to mitigate risks to projects, says a new report by Bloomberg New Energy Finance (BNEF). The report, commissioned by Swiss Re, looked at six leading markets for solar and wind, namely Australia, China, [read more]
Iberdrola Using Supercomputer To Predict Wind Farm Output
on 29 Jul 2013 by NAW Staff
Iberdrola says it is teaming up with the Spain-based Barcelona Supercomputing Center (BSC) to improve estimates of wind farms' electrical energy production before they are constructed. Dubbed the Sedar Project (High Resolution Wind Simulation), the initiative will utilize software run by the MareNostrum supercomputer to develop a new model for [read more]
Vestas Sues Indian Companies Over Unauthorized Deals Made By Former CFO
on 26 Jul 2013 by NAW Staff
Vestas is suing two companies in India to recover funds that the turbine manufacturer says they owe through unauthorized deals made by its former chief financial officer (CFO). In October 2012, Vestas said it discovered that Henrik Norremark, who stepped down as CFO earlier that year, had entered into two [read more]
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