For the 10th year in a row, Xcel Energy has been named the U.S.' No. 1 utility provider of wind energy, according to the American Wind Energy Association's recently released 2013 U.S. Wind Industry Annual Market Report. "Xcel Energy is proud to be among the nation's leaders in delivering affordable, [read more]
Irish renewables investment group NTR says that its U.S. wind company, Wind Capital Group LLC, has sold the 150 MW Osage wind project to Kansas-based TradeWind Energy Inc. Located in Oklahoma, the Osage project began construction last fall and will start commercial operations in 2015. The project has a long-term [read more]
Sony Corp. and utility Hydro-Quebec have announced plans to launch a joint venture in June to research and develop a large-scale energy storage system for power grids. The new technology will be designed for various applications, such as meeting excess demand during peak times at electric power substations and integrating [read more]
Vancouver-based Finavera Wind Energy Inc. has completed the sale of a 184 MW wind project in British Columbia to Pattern Renewable Holdings Canada ULC, a subsidiary of Pattern Energy Group. Construction site activities are expected to begin on the Meikle project in early 2015. Under the C$28 million deal, Finavera [read more]
The U.S. Department of Energy (DOE) has issued a draft loan guarantee solicitation for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce or sequester greenhouse gases. When finalized, the solicitation is expected to make as much as $4 billion in loan guarantees available to [read more]
Minnesota Power has applied to state and federal regulators for permits to build the 500 kV Great Northern Transmission Line from the Minnesota-Manitoba border to an electric substation on the Mesabi Iron Range. According to the utility, the project would deliver hydroelectricity generated by Manitoba Hydro to meet growing and [read more]
Younicos Inc., a wholly owned subsidiary of Berlin-based Younicos AG, has acquired Xtreme Power's assets with a winning bid in a Chapter 11 auction supervised by the U.S. District Bankruptcy Court of West Texas. Financial details of the deal were not disclosed. Younicos has acquired all relevant strategic assets and [read more]
U.S.-based Northstar Endeavors LLC, dba Northstar Wind, has granted Alphatec Nordeste the exclusive license to design, manufacture, construct and sell wind towers using Northstar's intellectual property (IP) in Brazil. Northstar says its Northstar Modular Tower (NMT) design provides the megawatt wind industry a solution to build taller towers at heights [read more]
The North American Development Bank (NADB) has begun disbursing loans totaling $140 million for the construction of two 126 MW Mexican wind farms. The wind projects, Ventika and Ventika II, will be built in the municipality of General Bravo, Nuevo Leon, approximately 100 miles east of Monterrey. Other investors include [read more]
Juhl Energy Inc., a Minnesota-based clean energy solutions provider and community wind project developer, has appointed Chuck Templeton to its board of directors. Templeton has been named a Class I director of the company and will serve on Juhl's audit committee, compensation committee, and nominations and governance committee. Templeton founded [read more]
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