Sen. Grassely: PTC Future More Uncertain "Than At Any Time In The Past Year"
---------- Forwarded message ---------- From: "North American Windpower" <efeature@nawindpower.com> Date: Feb 5, 2014 5:43 AM Subject: Sen. Grassely: PTC Future More Uncertain "Than At Any Time In The Past Year" To: <aquarianm@gmail.com> Cc:
Senvion, formerly known as REpower, has suspended production of offshore wind turbine blades at its Germany-based PowerBlades subsidiary and is introducing short-time working for the subsidiary's 246 employees. "As a result of uncertainty regarding investment, the expansion of offshore wind power in Germany has not proceeded as planned. The sector [read more]
In its annual financial results report, Vestas says it completed the company's two-year turnaround program at the end of 2013 and has delivered on the main focus areas over the program's period. The company's turnaround plan, initiated in 2011, included measures to lighten its global assets and reduce its workforce [read more]
Broadview Energy has executed agreements with transmission developer Tres Amigas that the companies say could facilitate the development and construction of up to 500 MW of wind generation in northeast New Mexico. The companies say the agreements will enable Broadview, Tres Amigas' first customer, to deliver New Mexico wind power [read more]
Siemens has won an order to supply 28 of its SWT-2.3-108 wind turbines to the Windthorst-2 wind power project in Windthorst, Texas. The 67.6 MW wind farm is expected to commence commercial operation this fall, and Siemens has also signed a service agreement that the company says will help ensure [read more]
Strong opposition from two bird conservation groups has successfully halted plans for a wind turbine project at the Camp Perry Air National Guard Station, located near the shores of Lake Erie in Ohio. The American Bird Conservancy (ABC) and Black Swamp Bird Observatory (BSBO) say they recently sent a letter [read more]
The Clean Energy States Alliance (CESA) has released a new report that provides information regarding where a renewable energy generator in a particular state or Canadian province can possibly sell its renewable energy certificates in order to meet the demand created by a renewable portfolio standard (RPS). The report was [read more]
DONG Energy has signed an agreement to sell half of its 50% share in the 630 MW London Array 1 offshore wind farm to La Caisse de depot et placement du Quebec, a Canadian institutional fund manager, for approximately $1 billion. Located about 20 km off the coasts of Kent [read more]
Germany-based developer wpd has started construction of the Springwood and Whittington wind power projects in southern Ontario. The two projects will total 14.35 MW in capacity and feature seven MM92 turbines from Senvion, formerly known as REpower. To date, access roads and foundation pits have been completed in line with [read more]
The Danish Parliament's Finance Committee has signed off on the final implementation of the approximately $2 billion investment agreement in Dong Energy from new investors Goldman Sachs, Arbejdsmarkedets Tillaegspension and PFA, as well as from existing minority stakeholders. The deal was initially announced in October 2013. In addition, DONG Energy [read more]
The U.S. Department of Energy (DOE) has announced $2 million in funding meant to help develop taller wind turbine towers. The department says these projects will help strengthen U.S. wind turbine component manufacturing, reduce the cost of wind energy and expand the geographic range of cost-effective wind power in the [read more]
ALLETE Clean Energy, a subsidiary of ALLETE Inc., has finalized the purchase of operating wind farms in Lake Benton, Minn., Storm Lake, Iowa, and Condon, Ore., from The AES Corp. for $27 million. All three wind farms - with a total output of 231 MW - have power purchase agreements [read more]
Clean Line Energy Partners has announced agreements to source products and services from Missouri-based manufacturers ABB Inc., General Cable and Hubbell Power Systems Inc. (HPS) for its Grain Belt Express Clean Line project. The Grain Belt project is an approximately 750-mile overhead, direct-current transmission line that will deliver up to [read more]
President Barack Obama has nominated Norman C. Bay to become the new chairman of the Federal Energy Regulatory Commission (FERC). Bay, who has served as director of FERC's Office of Enforcement since 2009, would take over for Cheryl A. LaFleur, who the president named acting chairman in November 2013. Prior [read more]
Oregon-based Met One Instruments Inc. has announced the acquisition of Atmospheric Systems Corp., a California-based provider of meteorological remote sensing using SODAR to measure vertical wind and turbulence profiles. The parties say this partnership will enable them to continue to grow meteorological markets for wind energy, air quality and atmospheric [read more]
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