Workers are beginning to build the K2 Wind Power Project (K2 Wind), which broke ground today following the successful completion of an $850 million financing, which was secured with 15 financial institutions in the form of a construction loan that will convert to long-term operational debt.
The worldwide demand for solar and wind power continues to skyrocket. Since 2009, global solar photovoltaic installations have increased about 40 percent a year on average, and the installed capacity of wind turbines has doubled.
The Inversiones Eolicas de Orosi Dos S.A. (Orosi) Wind Project, a 50-megawatt wind farm in Costa Rica backed by Export-Import Bank of the United States (Ex-Im Bank) credit, received the Latin American Wind Deal of the Year 2013 from Project Finance Magazine.
Today at the European Wind Energy Association’s annual conference, GE announced its 2.75-120 wind turbine, a smarter, more powerful turbine. Part of GE’s brilliant wind platform, the 2.75-120 provides 5 percent more annual energy production than GE’s 2.5-120 model and is available with various tower technologies, ranging between 85-139 meters, and optional energy storage.
UGE has completed third party power performance testing, culminating in a certified power curve for its VisionAIR wind turbine. This places the VisionAIR on a short list of wind turbines which have completed this level of certification, and further confirms its status as the world’s leading wind turbine of its type.
The H2air Group and Nordex Group have sold their interest in the Seine Rive Gauche Nord (SRN) wind farm project to the institutional Fund Enhanced Sustainable Power Fund 3 (ESPF 3) managed by KGAL Group. H2Air, via its subsidiary H2airPx, and Nordex are responsible for the turnkey construction of the wind farm.
Today, GE announced its 2.85-103 wind turbine for Japan with 2.85-megawatt rated power and 103-meter rotor diameter, generating high power output for constrained areas. The wind turbine is specifically engineered for Japanese environmental conditions and is able to withstand higher turbulence, typhoon class wind speeds and lightning beyond the current IEC standard.
For the past 24 years, Mark Z. Jacobson, a professor of civil and environmental engineering at Stanford, has been developing a complex computer model to study air pollution, energy, weather and climate. A recent application of the model has been to simulate the development of hurricanes. Another has been to determine how much energy wind turbines can extract from global wind currents.
Research and Markets has announced the addition of the "Wind Turbine Towers, Update 2014 - Global Market Size, Average Price, Competitive Landscape and Key Country Analysis to 2020" report to their offering.
Ferrostaal Industrial Projects GmbH, a project developer facilitating worldwide investments, is taking a majority stake in the 'Sainshand' wind farm project in Mongolia. With 190 GWh of electricity every year, 'Sainshand' will be the largest wind park in Mongolia.
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