144 Lawmakers Call For PTC Extension; Renewables Dominate Start Of 2014
---------- Forwarded message ---------- From: "North American Windpower" <efeature@nawindpower.com> Date: Mar 26, 2014 5:34 AM Subject: 144 Lawmakers Call For PTC Extension; Renewables Dominate Start Of 2014 To: <aquarianm@gmail.com> Cc:
In a move the company says will help create 1,000 new jobs, Siemens is investing more than EUR 190 million in new offshore wind facilities in England. The company plans to build a factory to produce rotor blades for 6 MW offshore turbines, as well as establish a nearby logistics [read more]
Brookfield Renewable Energy Partners LP has announced its entry into the European market, having made the company's first acquisition outside the Americas. The company has signed an agreement to acquire the wind portfolio of Bord Gais Energy (BGE), the vertically integrated Irish energy business from state-owned utility Bord Gais Eireann, [read more]
NEC Corp. has acquired the A123 Energy Solutions business unit of A123 Systems LLC, a wholly owned subsidiary of Wanxiang Group. NEC says this acquisition, for approximately $100 million, strengthens the company's energy storage capability of its smart energy business. An agreement on the terms of the deal has been [read more]
Chinese turbine maker Goldwind has announced approximately RMB 505.6 million in profit before tax for financial year 2013, a big jump from nearly RMB 206.9 million in 2012. Furthermore, the company reports RMB 12 billion in revenue from operations, an 8.65% increase from about RMB 11.2 billion last year. According [read more]
Project partners Capital Power, Samsung Renewable Energy and Pattern Energy Group have begun construction work on their 270 MW K2 Wind project in Ontario. This follows the successful completion of an $850 million financing with 15 institutions. The partners note that the project is hiring local workers and using Ontario-made [read more]
Innergex Renewable Energy Inc. and Mi'gmaq communities have signed a 20-year power purchase agreement with Hydro-Quebec Distribution for a 150 MW wind energy project located in Quebec's Gaspe Peninsula. The Mesgi'g Ugju's'n Wind Farm LP entity is controlled 50-50 by Innergex and by three Mi'gmaq communities of Quebec: Gesgapegiag, Gespeg [read more]
Enel Green Power has signed a EUR 153 million loan agreement with Banco Santander for investments associated with wind farms in Mexico. Banco Santander is the lender, sole lead arranger and agent, and the 12-year term loan bears an interest rate in line with the market benchmark and is secured [read more]
Clean energy investment in Nevada has accelerated rapidly in the past five years, reaching at least $5.5 billion since 2010, according to a new report from the Las Vegas-based Clean Energy Project. Government officials joined representatives from renewable energy advocacy groups to highlight the report. During a press conference, U.S. [read more]
The Maryland Energy Administration (MEA) has launched a $700,000 grant initiative designed to help Maryland businesses become integral participants in the global offshore wind market. The Market Entry Assistance Grant Program is the first initiative to originate from the Offshore Wind Business Development Fund, and the funds are aimed to [read more]
Altus Power America Management, an investor and manager of clean energy projects and assets, and Macquarie Group, a provider of investment and funds management services, have teamed up to launch the Clean Energy Land Program. According to the companies, the program will finance up to $100 million in solar and [read more]
Dudgeon Offshore Wind Ltd., a joint venture between Statoil and Statkraft, has awarded Seaway Heavy Lifting the contract for the transportation and installation of 67 foundations and one substation as part of the Dudgeon offshore wind farm project. The Dudgeon wind farm will be located 20 miles off the coast [read more]
EDF Renewable Services has successfully relocated its Operations Control Center (OCC) from a Minnesota-based facility to San Diego over the course of several months and is now fully operational, managing over 6 GW of wind and solar projects across North America. Furthermore, the company is now listed as a generation [read more]
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