Research and Markets has released a new report titled “Top 5 European Wind Power Markets to Look for in 2009-2010.” Wind energy has developed into a rapidly increasing source for electricity generation over the last decade possessing an average annual growth of 30 percent. Wind energy was in nascent stages 10 years ago and now has developed into a full-grown and flourishing global industry. The exponential growth of the wind energy industry is attributed to growing concerns for climate change, declining cost for wind energy generation and concerns about energy security.
In a new financing round that was led by Khosla Ventures, Nordic Windpower has raised $38 million. Khosla Ventures is a leading investor in clean technologies company. Other companies that joined in the Series C equity financing include New Enterprise Associates (NEA), Novus Energy Partners and an existing investor, Impax Asset Management. Pulsar Energy Capital and I2BF Management are the other participants in this financing round. Since 2007, Nordic Windpower has raised funds in three funding rounds from investors that include NBT AS, Impax Asset Management, and Goldman Sachs International.
Tom Fry, President of the National Ocean Industries Association (NOIA) made a statement with reference to the final review from the Interior Department on the Cape Wind project in Nantucket Sound. Fry begins his statement by referring to the multiple reviews and legal challenges that delayed the final permitting decision of the long-planned and complex Cape Wind project in Nantucket Sound.
A-Power Energy Generation Systems has signed a technology license agreement with W2E Technologies GmbH for manufacturing, operating, servicing and selling T8x 2.0 MW wind turbines. A-Power Energy Generation Systems is a developing manufacturer of wind turbines and a leading provider of distributed power generation systems in China.
AMSC Windtec, a wholly owned subsidiary unit of American Superconductor, has signed a follow-on contract with Dongfang Turbine for designing and developing 5 megawatt full conversion wind turbines. These wind turbines are developed for the offshore wind power market. American Superconductor is a worldwide power technologies company and Dongfang is a leading machinery company in China.
AES Wind Generation, a subsidiary unit of The AES Corporation, has started commercial operation for its 101 megawatt Armenia Mountain wind farm in Pennsylvania. The wind farm consisting of 67 1.5 MW GE SLE wind turbines is located in north central region of Pennsylvania in Tioga and Bradford Counties. The Armenia Mountain wind farm was developed, owned and is being operated by AES Wind Generation. The construction contractor for this project was RES Americas Construction.
Planetary Systems offers a range of renewable energy systems for commercial and residential applications. The wind power mounting systems are essential for safe mounting of wind systems. They are constructed to stand against variable wind speeds. Wind power generators can generate maximum power when they are mounted on wind towers and at the same time located in a place where the wind flow is not blocked.
American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced today that its wholly-owned AMSC Windtec™ subsidiary has signed a follow-on contract with Dongfang Turbine Co. Ltd. (“Dongfang”) to design and jointly develop 5 megawatt (MW) full conversion wind turbines for the offshore wind power market.
Construction of the 149 megawatt Rugby Wind Power Project near Rugby, North Dakota has been completed by Iberdrola Renewables. The project cost amounted to about $300 million. The operations building, 16.4 miles of road and 71 wind turbines were built with the help of 250 construction workers. The National Renewable Energy Laboratory (NREL) estimated that 809 jobs were available during the construction process and another 29 jobs will be created during the operating process of the Rugby project. This estimation was based on NREL’s Jobs and Economic Development Impact model, which takes into consideration the supply chain and other related factors.
The acquisition of three wind farms in France by Boralex and Cube Infrastructure has resulted in an increase of 170 MW in Boralex’s installed wind power capacity in Europe. Cube Infrastructure Fund is Boralex‘s new European partner. Two of these wind farms are currently under construction. These two wind farms include the 10 MW wind site at Grand Camp in the Centre region and the 30 MW wind site in Plateau de Ronchois in the Picardie and Normandie regions. The 7 MW Bel Air site is the third wind farm, which had started its operation from December 2006 in Brittany.
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