Five Keys To Project Bankability; Wind Power's Positive Effect On Electric Bills
---------- Forwarded message ---------- From: "North American Windpower" <efeature@nawindpower.com> Date: Feb 14, 2014 5:42 AM Subject: Five Keys To Project Bankability; Wind Power's Positive Effect On Electric Bills To: <aquarianm@gmail.com> Cc:
The incoming chairman of the U.S. Senate Finance Committee says working to renew a slew of expired tax breaks, including the production tax credit (PTC), will be one of his first priorities when he takes office. Sen. Ron Wyden, D-Ore., is slated to take over the powerful role for former [read more]
New Generation Power Texas LLC (NGP Texas) has begun the first phase of construction on a 400 MW wind farm. The newly formed subsidiary of Chicago-based New Generation Power notes it started construction on Dec. 11, 2013, making the project eligible for the production tax credit. Located just northwest of [read more]
Minneapolis-based Mortenson Construction has announced it was recently selected by investor-owned utility Oklahoma Gas and Electric Co. (OG&E) to build the Woodward EHV Thistle transmission line project. The project will start at the Woodward EHV District Substation, 12 miles south of Woodward, Okla., and run to the Oklahoma/Kansas border about [read more]
Boston-based developer First Wind has obtained $206 million in financing for its first renewable energy project in Texas. Now that financing is closed on Route 66 Wind, located in Armstrong and Carson counties, First Wind says it will continue engineering and construction activities on the 150 MW project. First Wind [read more]
The U.S. Department of the Interior's (DOI) U.S. Geological Survey (USGS) has released the first publicly available interactive map and geo-dataset showing more than 47,000 onshore wind turbine locations and related information across the entire U.S. According to the DOI, the new tool is consistent with the goals of Interior [read more]
On Feb. 11, U.S. Sen. Lamar Alexander, R-Tenn., told energy regulators that not renewing the wind production tax credit (PTC) "would help to produce new jobs because subsidizing wind drives up costs, undercuts reliable electricity and chases away jobs." In an address to the National Association of Regulatory Utility Commissioners, [read more]
Gov. Andrew Cuomo, D-N.Y., says the New York Green Bank has started business operations. The program is intended to stimulate private-sector financing of renewable energy by providing financial support for creditworthy clean-energy projects in the state that have difficulty accessing financing due to various market barriers. Through a request for [read more]
Executives from European companies have called for a 2030 climate and energy framework that has an ambitious renewable energy target, including binding national goals. In January, the European Commission revealed its proposed 2030 framework, which seeks a reduction in greenhouse gas emissions by 40% below the 1990 level and would [read more]
Vestas has secured a 15-year service contract covering 42 V90-2.0 MW turbines at the Topolog Dorobantu wind power plant, located in Tulcea County, Romania. The company says the 84 MW agreement has an option for up to 150 MW. LUKERG Renew, a joint venture between ERG Renew and LUKOIL, placed [read more]
Five years into the program, more than 20,000 Dominion Virginia Power customers are now signed up for the Dominion Green Power program, the utility says. According to Dominion, participants have supported more than 650 GWh of renewable energy since 2009. Participation in the program has grown substantially after hitting the [read more]
An investigation into the capabilities of remote scanning LIDARs to measure wind turbulence was recently conducted as part of a collaboration between renewable energy consultancy SgurrEnergy, the University of Oklahoma and the Lawrence Livermore National Laboratory. SgurrEnergy's laser-based remote sensing device, Galion Lidar, was used to gather the measurements at [read more]
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