Recent Wind

RenewableUK on Feed-in Tariff Review

Responding to the publication today of the outcome of the Government’s Feed-in Tariff Review, RenewableUK’s Chief Executive, Maria McCaffery, said: “It’s good that the Government has listened carefully to our concerns about their original proposals, and has modified some of them based on evidence we have supplied. The cuts in tariffs for small and medium-scale […]

Acciona starts up its Third Wind Farm in Poland

The 30 MW capacity Poniec II facility means that the company has installed over 100 MW in the country The wind farm has ten AW116/3000 turbines with ACCIONA Windpower technology ACCIONA Energía has put its third wind farm in Poland into service, a 30 megawatt (MW) facility that takes the company’s total owned capacity in […]

Invenergy Completes Sale of 832 MW of Wind Power to TerraForm Power

Company to reinvest transaction proceeds into its industry-leading development pipeline Invenergy retaining minority ownership, O&M provider role for U.S. projects Invenergy Wind LLC (“Invenergy”), the largest privately-held independent wind power generation company in the United States, today announced the sale of 832 (net) megawatts (MW) of wind power plants to TerraForm Power, Inc., an owner […]

UCS Praises Incentives for Wind and Solar in Spending Package

Statement by Todd Wolf, Union of Concerned Scientists Today, Congress unveiled its spending bill for fiscal 2016, which includes a five-year extension of the production tax credit (PTC) for wind, as well as the investment tax credit (ITC) for solar and off-shore wind. The PTC for wind would be extended at 100 percent of its […]

MHI Vestas Offshore Wind has received a 330 MW order for an offshore project in the UK

MHI Vestas Offshore Wind has received a firm and unconditional order for 40 V164-8.0 MW turbines for the offshore Walney Extension West project in the UK, ref. company announcements No. 9/2015 of 18 February 2015 and No. 32/2015 of 11 June 2015. The 330 MW order is placed by DONG Energy, and the contract covers […]

No new Investments in Offshore Wind for Statkraft

Statkraft has adjusted its investment plan to the increase of dividend by NOK 5 billion over the next three years. The main changes are that Statkraft no longer will invest in new offshore wind projects and some international hydropower projects may be postponed. “Offshore wind power is capital intensive. The reduced financial terms from the […]

Iberdrola USA obtains all required approvals to close integration with UIL Holdings Corporation

AVANGRID External link, opens in new window. Open in new window., aims at leading the transformation of the U.S. energy industry towards a clean energy future Transaction closure, expected to take place today, will create a new company, AVANGRID With $30 billion of assets and presence in 25 states, AVANGRID Inc. will start trading tomorrow […]

Wind energy gains predictability from tax credits’ multi-year extension

The agreement by congressional leaders last night on a multi-year extension of renewable energy tax credits would secure several years of predictable policies that encourage private investment in wind energy, industry leaders said today. “This agreement will enable wind energy to create more affordable, reliable and clean energy for America by providing multi-year predictability as […]

J.P. Morgan Asset Management – SunEdison Strategic Partnership Acquires 333 Megawatts Of Wind-Power Plants From SunEdison

SunEdison – J.P. Morgan Asset Management partnership, called Terra Nova Renewable Partners, acquires the Bingham and Oakfield wind farm assets for $209 million in equity Enterprise value of the deal is $787 million SunEdison has the right to repurchase the assets held by the partnership for up to five years SunEdison, Inc. (NYSE: SUNE), the […]

Vestas acquires US independent service provider UpWind Solutions

The acquisition accelerates Vestas’ profitable growth strategy and strengthens Vestas’ ability to service non-Vestas turbines. Vestas has today acquired UpWind Solutions, Inc. and its subsidiaries (“UpWind Solutions“), a leading independent service provider in North America, with headquarters in San Diego, California. With about 310 employees, UpWind Solutions currently services wind power plants in nine US […]