A personal quest to promote the use of wind energy and hydrogen technology in the Great Lakes area of the United States. The Great Lakes area is in a unique position to become an energy exporting region through these and other renewable energy technologies. *Update 2014: Just do it everywhere - Dan*
Wednesday, May 01, 2013
Wind Sector's Q1 Funding Results Revealed
---------- Forwarded message ---------- From: "North American Windpower" <efeature@nawindpower.com> Date: May 1, 2013 5:45 AM Subject: Wind Sector's Q1 Funding Results Revealed To: <aquarianm@gmail.com> Cc:
The wind industry saw strong funding and merger and acquisition (M&A) activity in the first quarter of this year (Q1'13), finds a new report from Mercom Capital Group LLC. According to the report, wind sector venture capital (VC) funding rebounded in the first quarter, raising $16 million in three deals [read more]
Emerald H2 and Norfolk Wind Energy have signed an agreement to locate Emerald H2's proposed Renewable Wind and Hydrogen Production Center in Renville County, Minn. The planned 10 MW wind and 500,000 kg hydrogen project will use energy from wind turbines to produce hydrogen. In addition, by utilizing a 1 [read more]
Investor-owned utility Black Hills Energy has issued a request for proposals for up to 30 MW of wind power to serve customers in southern Colorado. Black Hills Energy says adding another 30 MW of wind generation will assist the company in meeting Colorado's 30% by 2020 renewable portfolio standard. The [read more]
Vestas has received a 27 MW order for three V112-3.0 MW turbines and nine V90-2.0 MW turbines for wind power plants in Flanders, Belgium. Placed by Aspiravi NV and Limburg win(d)t, the order contract includes the supply, installation and commissioning of the turbines, along with a 15-year full-scope service agreement. [read more]
The New York State Energy Research and Development Authority (NYSERDA) is offering $400,000 for a qualified institution to create a statewide Clean Tech Execs program to help drive interested entrepreneurs, investors and other business leaders to new opportunities in the cleantech sector. The Clean Tech Execs program will be designed [read more]
During the first quarter of 2013, Chinese wind turbine manufacturer Goldwind increased its net profits to RMB 32,461,572.39, a 425.52% boost compared with the first quarter of 2012. As of March 31, the company had a total of 4,576 MW of outstanding orders, including 6 MW of 750 kW wind [read more]
Finavera Wind Energy Inc. has finalized a $28 million purchase and sale agreement with Pattern Renewable Holdings Canada ULC, a subsidiary of Pattern Energy Group LP, for Finavera's 47 MW Tumbler Ridge and 117 MW Meikle wind energy projects. Under the terms of the agreement, up to $9.3 million will [read more]
The Scottish government has launched the Scottish Innovative Foundation Technologies Fund, a 15 million British pound fund to support the development of offshore wind turbine foundations. The fund, to be managed by Scottish Enterprise and Highlands & Islands Enterprise, is available to offshore wind manufacturing projects focused on prototype foundations [read more]
Cicero, Ill.-based Broadwind Energy Inc. has announced a $34 million order for towers from an unnamed U.S. wind turbine manufacturer. Broadwind will produce these towers in its Abilene, Texas, facility, and delivery is scheduled to begin in the fourth quarter and extend into 2014. "This order starts to fill the [read more]
Honda Automoveis do Brasil Ltda. (HAB), Honda's Brazil-based automobile production and sales subsidiary, plans to build a 27 MW wind farm in the city of Xangri-la in Rio Grande do Sul, approximately 1,000 km south of HAB's production plant in Sumare, Sao Paulo. Equipped with nine wind turbines, the wind [read more]
Gamesa says it is "back in the black" and ended the first quarter of this year (Q1'13) with 7 million euros in attributable profit. The company adds that its Business Plan 2013-2015, which focuses on measures such as strict control of costs and the launch of new products, enabled it [read more]
TUV Rheinland has certified Winergy's HybridDrive wind turbine system, which consists of a gearbox and generator, according to the GL2010 Guideline. "The HybridDrive system has been tested and certified according to fundamental manufacturing and design specifications, enabling our client to save time and effort during the type certification process," says [read more]
Vestas has signed a 109.6 MW turbine supply deal with Empresas Publicas de Medellin (EPM), a Colombian multi-utility, for a wind project in the Coquimbo region of Chile. The Los Cururos wind farm will consist of 22 V100-1.8 MW and 35 V100-2.0 MW wind turbines. The turbines are scheduled for [read more]
REpower Systems SE, part of the Suzlon Group, has announced plans to cut up to 750 jobs in an effort to help the company achieve cost savings of 100 million euros this fiscal year. "This is a painful but necessary development," says Andreas Nauen, CEO of REpower. "We plan to [read more]
The First Reserve Energy Infrastructure Fund of First Reserve, an energy-focused private equity firm, and Renovalia Energy, a renewable energy developer and independent power producer, have expanded their Renovalia Reserve joint venture with the addition of two wind power plants in Oaxaca, Mexico. The first 90 MW farm has been [read more]
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