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Ming Yang and India’s Reliance Power sign financing deal for 2.5-GW wind effort

Guangdong Mingyang Wind Power Industry Group Limited and India’s Reliance Power Limited signed a financing agreement with China Development Bank as a follow-up to a deal started in July. Under the framework agreement China Development Bank will act as the coordinating bank and lead potential lender for planned renewable energy projects in India. Earlier in July, Ming Yang and Reliance Power...

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Guest Post: New benchmark in offshore wind industry

Siemens Energy began testing on its 154m rotor offshore wind turbine in Denmark which has the world’s longest rotor blades at 75 m in length each. This turbine can supply clean energy to about 6,000 households in offshore locations. This rotor is expected to be the new benchmark in offshore wind energy and Siemens’ 120m rotor prototype has been running successfully for over a year. This SWT –6.0 was developed...

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Puerto Rico’s first 100-megawatt wind farm goes online

Puerto Rico now has its first wind turbine power plant, a 95-megawatt site owned and run by Pattern Energy. The currently fully operational Finca de Viento Santa Isabel represents an additional 15 percent of renewable energy into the territory’s power grid. Electricity coming from Finca de Viento will go to the Puerto Rico Electric Power Authority under a 20-year power purchase and operating agreement...

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Suzlon enters Romania’s wind energy market

India’s Suzlon Group’s subsidiary REpower Systems will be supplying turbines for the Romanian wind energy market for the first time, the company said. According to statistics from the European Wind Energy Association, Romania’s wind power market is growing fast. It was seventh among the 10 biggest European wind markets in 2011, with 520 megawatts of new installations. REpower Systems concluded a contract...

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China’s wind power growth slows down in first half

Global wind power rose by 7 percent within six months and by 16.4 percent on a yearly basis, with China, the United States, Germany, Spain and India leading growth. China remains the largest wind energy market, having added 5.4 gigawatts in the first half of 2012. However, the Worldwatch Institute notes that the country significantly added less wind power compared with its 8 GW in 2011 for the same period. “Without doubt China will continue in the foreseeable future its number one position,

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Obama reaches 10,000-MW goal for renewables in public lands – D.O.I

President Obama’s goal of authorizing 10,000 megawatts of renewable power on public lands has been reached according to the United States Department of the Interior, following the approval of two new wind project sites in Wyoming. Interior secretary Ken Salazar confirmed the approval of the Chokecherry and Sierra Madre Wind Energy Project sites, a complex that the department said could generate up to 3,000 megawatts of power in southeastern Wyoming.

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European Union now has 100 gigawatts of wind – EWEA

The past six years has seen a steady increase in wind power installations in Europe, leading the region to reach past the 100-gigawatt milestone of installed wind power, according to the European Wind Energy Association. The association announced the milestone in a statement released last week, noting that 100 gigawatts of wind is equivalent to the power production of 39 nuclear power plants and is enough...

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Extending tax credit for wind beneficial – Zpryme

Extending tax credits for wind energy would reduce dependence on foreign oil, reduce the price of oil and gas, and create American jobs, according to a report from Zpryme.Renewing the tax credits, specifically the Production Tax Credit for wind, would create over 50,000 jobs on top of the existing 75,000 jobs in the wind sector raising the number to almost 130,000 new energy jobs, the report estimates.

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Near-surface and high-altitude winds abundant; the key is siting – studies

Potential energy from the wind – both from near the surface and in high altitudes – is more than enough to meet the current and future total global power demand. These are the findings of two studies released today, one from the Lawrence Livermore National Laboratory and the Carnegie Institute, and the other from Stanford University and the University of Delaware. Stanford’s study, led by their School...

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Clipper Windpower announces lay-offs

California-based Clipper Windpower is joining the ranks of United States wind manufacturers who have announced lay-offs this month. According to North American Wind Power, the company has released a statement that they will not be shutting down operations but they are working on developing a sustainable business model and this requires a downsizing and refocusing of operations, reducing the company’s total workforce from 550 employees to 376.

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