NAW: Ambiguous PTC Language Prompts Questions

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From: "North American Windpower" <efeature@nawindpower.com>
Date: Jan 4, 2013 5:53 AM
Subject: Ambiguous PTC Language Prompts Questions
To: <aquarianm@gmail.com>
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Post-PTC Extension, Wind Energy Developers Face New Questions by Mark Del Franco, Jan. 3, 2013 President Barack Obama has officially signed H.R.8, the American Tax Payer Relief Act, into law. While the sweeping legislation helped extend unemployment insurance and make permanent the Bush-era tax cuts, it also extended for one year the wind energy production tax credit (PTC), as well as the investment tax credit [read more] Wind Energy PTC, ITC Extensions Officially Signed Into Law by NAW Staff, Jan. 3, 2013 President Barack Obama has signed H.R.8, the American Taxpayer Relief Act of 2012, which, among many other tax-related and economic provisions, extends the production tax credit and investment tax credit for wind energy for one year. Under the legislation, wind energy projects must begin construction by Jan. 1, 2014, in [read more] Largest Single-Build Wind Farm In U.S. History Enters Commercial Operation by NAW Staff, Jan. 3, 2013 BP Wind Energy and Sempra U.S. Gas & Power have announced that the 470 MW Flat Ridge 2 Wind Farm has entered commercial operation. The wind farm, located on a 66,000-acre site in Kansas' Harper, Barber, Kingman and Sumner counties, is a 50-50 joint venture between BP and Sempra. It [read more] BOEM Seeking Input On Proposed 350+ MW New York Offshore Wind Project by NAW Staff, Jan. 3, 2013 The U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM) has issued a request to determine whether there is competitive interest in leasing an area offshore New York that the New York Power Authority has proposed for developing offshore wind energy. BOEM must assess whether there are other [read more] Fishermen's Energy Expects To Begin Construction On Offshore Wind Project This Year by NAW Staff, Jan. 3, 2013 Fishermen's Energy says it plans to begin construction on an offshore wind demonstration project off the New Jersey coast this year. The project, which was awarded funding from the U.S. Department of Energy last month, is expected to include up to six direct-drive turbines in state waters three miles off [read more] Congress Passes Wind Energy PTC Extension As Part Of Fiscal-Cliff Deal by Laura DiMugno, Jan. 2, 2013 Although some damage has already been done, the wind energy industry can breathe a sigh of relief: On Tuesday evening, an extension of the wind energy production tax credit (PTC) cleared Congress as the U.S. House of Representatives passed H.R.8, legislation that would avert the so-called fiscal cliff. Under the [read more] Atlantic Power Completes Acquisition Of Ridgeline Energy, Brings 300 MW Project Online by NAW Staff, Jan. 2, 2013 Atlantic Power Corp. has closed on its acquisition of Ridgeline Energy Holdings Inc., a developer and operator of renewable energy projects. The acquisition increases the company's ownership interest in the Rockland wind project to a 50% managing member interest from 30%, and adds a 12.5% interest in the 125 MW [read more] Invenergy Completes Financing For 135.7 MW Wind Farm In Quebec by NAW Staff, Jan. 2, 2013 Invenergy Wind LLC has closed on the project financing for the first phase of its Des Moulins wind energy project, which is currently under construction in Quebec. Prudential Capital Group acted as the structuring and documentation adviser, and Sovereign Bank NA acted as the left lead coordinating bank, joint lead [read more] Algonquin Power Buys Shady Oaks Wind Project From Goldwind by NAW Staff, Jan. 2, 2013 Algonquin Power Co., Algonquin Power & Utilities Corp.'s non-regulated power generation subsidiary, has acquired the 109.5 MW Shady Oaks wind project from China-based Goldwind Science & Technology Co. Ltd. The Shady Oaks project is located in northern Illinois, approximately 50 miles west of Chicago, and reached commercial operation in June [read more] Iberdrola Sells 32 Wind Farms In France by NAW Staff, Jan. 2, 2013 Iberdrola says it has reached an agreement with a consortium consisting of GE Energy Financial Services (40%); MEAG, asset manager of Munich Re and ERGO (40%); and EDF Energies Nouvelles (20%) for the sale of 32 operating onshore wind farms totaling 321.4 MW in France. The transaction, subject to regulatory [read more] Wind Gear Manufacturer Moventas Planning 'Temporary Layoffs' by NAW Staff, Jan. 2, 2013 Wind and industrial gear manufacturer and service provider Moventas Gears Oy says it will issue "temporary" layoffs next week in order to "match the market situation." The company cited an insufficient order backlog for the first half of 2013 in proportion to the number of staff at its home base [read more] MidAmerican Energy Completes Three Iowa Wind Farms by NAW Staff, Jan. 2, 2013 MidAmerican Energy Co. says that in 2012, the company completed three wind farms totaling 407 MW in Iowa. With these projects complete, wind power makes up 30% of the company's portfolio. In January 2012, MidAmerican acquired the 106 MW Vienna wind project, located in Marshall and Tama counties; the 200 [read more] WKN USA LLC - Project Marketer & Originator, Project Developer Wind Energy Service - Composite Field Service Supervisor, Composite Repair Technician To place an ad within WindJobs, contact Dave Mendelson at 1-203-262-4670 x248, or at mendelson@nawindpower.com   Please click HERE to subscribe to North American Windpower magazine.

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