Wednesday, September 28, 2016

EDP Renewables wins $342M in financing for 2 US wind farms

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Date: Sep 28, 2016 12:01 PM
Subject: EDP Renewables wins $342M in financing for 2 US wind farms
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Opinion: Homegrown wind drives economic prosperity in Iowa | Report: Europe to add 140 GW of installed wind capacity by 2025 | Falvez Energy secures financing for 163-MW Texas project
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September 28, 2016
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Industry Update
Opinion: Homegrown wind drives economic prosperity in Iowa
Wind energy has been a major driver of economic growth in Iowa as it creates jobs, encourages investments in manufacturing, provides rural landowners with revenue and helps communities, writes state Sen. Tony Bisignano. "Iowa is well positioned to continue as a leader in the wind industry," he writes.
The Des Moines Register (Iowa) (tiered subscription model) (9/27) 
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Report: Europe to add 140 GW of installed wind capacity by 2025
Europe is poised to add 140 gigawatts of installed wind capacity through 2025, according to research firm MAKE. The report said Germany would likely lead the pack with 36 GW of new installed wind capacity, followed by the UK and Turkey at 15.7 GW and 13.5 GW, respectively.
BusinessGreen (U.K.) (9/28) 
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EDF EN Canada is a market leader in renewable energy, with 1,600 MW of wind and solar power facilities in service or under construction in Canada. Our O&M affiliate, EDF Renewable Services, has 10.9 GW of energy under contract in North America. Visit us at CanWEA Booth #401
Project Focus
Falvez Energy secures financing for 163-MW Texas project
Falvez Energy has secured financing for its Falvez Astra wind farm in Texas, which will have a total capacity of 163 megawatts, according to the company. The project is expected to use 68 General Electric 2.4-MW 107 turbines.
SeeNews Renewables (9/27) 
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EDP Renewables wins $342M in financing for 2 US wind farms
(Andreas Rentz/Getty Images)
EDP Renewables North America has arranged $342 million in financing from two undisclosed lenders for a pair of wind farms in the US. The deal includes the 250-megawatt Hidalgo wind farm in Texas and the 78-MW Jericho project in New York. (U.K.) (9/27) 
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Mainstream Renewable, GE to partner on wind project in Vietnam
Mainstream Renewable Power and General Electric will invest $1.5 billion to expand Vietnam's wind industry, according to the companies. "Delivering low-cost renewable energy in high-growth markets such as Vietnam is Mainstream's key strategic focus," Mainstream Chief Operating Officer Andy Kinsella said.
The Irish Times (Dublin) (9/28) 
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White paper: Create effective enterprise training programs
The top two learning priorities for companies are product training and compliance. Are your teams — your internal workforce and your external partners— prepared to do this? If not, how much money is this costing you?
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Operations & Maintenance
Siemens cuts turbine sound with owl-inspired design
Siemens has introduced a new owl-inspired blade add-on dubbed the DinoTail that is expected to curb turbine sound, according to the company. The new design will be included on Siemens' new SWT 3.3-megawatt 130LN turbine. (U.K.) (9/27) 
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Economy, Energy & Trends
Large-scale merger not in the cards for Senvion, says CEO
Senvion is not planning on participating in any large-scale mergers or consolidation activity despite moves from other players, according to CEO Juergen Geissinger. The company, instead, would focus on small acquisitions and internal growth, Geissinger said.
Reuters (9/28) 
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Envision Energy outlines multi-year, $1.1B European expansion
Envision Energy is hoping to expand its footprint in Northern Europe by investing about $1.1 billion over a 3 to 5-year period, according to CEO and founder Lei Zhang. "We think we can offer better products, hardware and software," he said.
Reuters (9/27) 
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Policy Watch
Clinton touts importance of renewables during first debate
Democratic presidential nominee Hillary Clinton touted the importance of renewables and clean energy development during the first of three presidential debates on Monday. "We can have enough clean energy to power every home; we can build a new modern electric grid," she said.
SNL Financial (free content) (9/26) 
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Moniz: Wind power changing our "energy geography"
Energy Secretary Ernest Moniz spoke at the Center for American Progress's Upgrading America's Infrastructure conference this morning, highlighting how updating America's infrastructure creates jobs, protects public health and grows greater access to renewable energy like wind power. Read more.
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These stories were selected and summarized by independent editors at SmartBrief Inc., not by AWEA's staff, and do not represent AWEA positions. They reflect the variety of daily coverage of American wind power.
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