A Wind Developer's Novel Approach To Financing And Support
---------- Forwarded message ---------- From: "North American Windpower" <efeature@nawindpower.com> Date: Sep 18, 2013 5:47 AM Subject: A Wind Developer's Novel Approach To Financing And Support To: <aquarianm@gmail.com> Cc:
Moventas has announced plans to rebrand and differentiate its industrial and wind gear businesses: The Santasalo brand will now be reintroduced and serve as Moventas' industrial gear brand, while Moventas will remain as the wind industry brand. In addition, Moventas' after-sales business will be branded Santasalo Moventas, which will also [read more]
Samsung Renewable Energy Inc. and Pattern Energy Group LP have completed financing for the 150 MW Grand Renewable Wind (GRW) project in Haldimand County, Ontario. The companies note the GRW project will utilize Ontario-made wind turbine blades and towers: Siemens will build the blades for the project's 67 2.3-MW turbines [read more]
EDP Renovaveis S.A. (EDPR) has signed an agreement with Fiera Axium Infrastructure US LP, a portfolio management firm, to sell a 49% equity interest in the 97 MW Wheat Field wind farm. The Oregon project, which comprises 46 Suzlon S88 2.1 MW wind turbines, entered commercial operation in April 2009 [read more]
A U.S. federal study that claims there is "no statistical evidence" that real estate prices near wind turbines are negatively impacted is misleading because it lumps homes close to the turbines with those miles away, claims Wind Wise Massachusetts (WWMA). "The study's authors are just perpetuating the myth that wind [read more]
Last week, Kruger Energy held a dedication ceremony at its 100 MW wind farm in Monteregie, Quebec. The project, which was commissioned in December 2012, consists of 44 2.3-MW wind turbines from Enercon. The machines are installed in five Monteregie municipalities, namely Saint-Isidore, Saint-Remi, Saint-Michel, Saint-Constant and Mercier. Hydro-Quebec Distribution [read more]
The Lansing Board of Water & Light (BWL), a Michigan-based public utility, has entered into a 19.2 MW power purchase agreement (PPA) with Exelon Wind. The BWL notes the deal represents its first contract for wind energy. Under the 20-year agreement, the utility will buy the output from the Beebe [read more]
Liberty Power has donated wind-generated renewable energy certificates (RECs) to match 100% of the estimated electricity usage at the United States Hispanic Chamber of Commerce's (USHCC) Annual Convention. According to the Florida-based independent retail electricity supplier, the USHCC Convention is known as the largest gathering of Hispanic business leaders in [read more]
Marco Graziano has been appointed new group senior vice president of Vestas and president of Vestas Mediterranean. Graziano most recently served as senior vice president of Alstom, a global company within power generation, power transmission and rail infrastructure, where he has been leading the group's activities in the Asia-Pacific region. [read more]
FirstEnergy Corp. has announced a request for proposals (RFP) to purchase renewable energy credits (RECs) and solar renewable energy credits (SRECs) for its Ohio utilities. The three utilities - Ohio Edison, Cleveland Electric Illuminating and Toledo Edison - will use the credits to help meet the 2013 renewable energy targets [read more]
Vestas has secured an 80 MW order out of a master supply agreement (MSA) with EDF Renewable Energy for multiple wind energy projects in the U.S. Vestas says it could ultimately supply EDF Renewable Energy up to 750 MW overall. Deliveries and commissioning for the projects, which will use the [read more]
Gamesa has teamed up with the University of Istmo, located in the state of Oaxaca, Mexico, to offer wind turbine operation and maintenance (O&M) training in the region. Under the agreement, Gamesa and the university have designed a four-month course that includes theoretical and practical learning. The initiative, free of [read more]
Lake Erie Power Corp. (LEPC), an independent energy transmission developer, has announced plans to build an underwater high-voltage direct-current (HVDC) transmission project connecting Ontario to Pennsylvania. The company says the Lake Erie CleanPower Connector would help meet the growing demand for electricity in the state and the PJM grid. According [read more]
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