Recent Wind

Finavera Wind Energy Receives Final $16.5 million Earn Out From Pattern Energy

Finavera Wind Energy Inc. (‘Finavera Wind Energy’, ‘Finavera’ or the ‘Company’) (TSX-V: FVR) is pleased to announce it has received a final $16.5 million of consideration, primarily in the form of debt forgiveness, from Pattern Renewable Holdings Canada ULC, a subsidiary of Pattern Energy Group LP (‘Pattern Development’) as the final amount payable under the […]

Statkraft sells Minority Interest in UK Onshore Portfolio to reinvest in New Renewable Energy

Statkraft has reached an agreement with Gingko Tree Investment Ltd for the sale of 49 per cent of its onshore wind power portfolio in the UK. Statkraft will continue to manage and operate the wind farms and also continue its relationship with stakeholders and local communities. Statkraft sells 49 per cent of its interest in […]

States can benefit economically by using Wind Power to meet new EPA Carbon Rule for Electric Power Plants

The first-ever federal regulation on carbon pollution from existing electric power plants can be an economic boon to wind-rich states if they meet them by developing more wind energy, the industry’s trade association will testify tonight in Washington, D.C. Electricity generated from a wind farm in one location lets a utility reduce generation from fossil […]

NREL Supports Innovative Offshore Wind Energy Projects

Demonstration Projects Eligible for up to $46.7M Additional Funding In December 2012, the U.S. Department of Energy (DOE) announced that it would fund seven offshore wind demonstration projects as part of an effort to launch an offshore wind industry in the United States. In this initial phase, each of the seven companies received $4 million […]

Onshore wind power statistics for first half of 2014 in Germany: Onshore wind power grows strongly

In the first half of 2014, the German market for onshore wind turbines grew by around 66 percent year over year, with some 1,723 megawatts having been installed. The sector attributes this strong growth to some overlapping effects, specifically a race to get projects completed before the new Renewable Energy Act (dubbed EEG 2.0) takes […]

Iberdrola begins Turbine Assembly of its Penascal Wind Farm Complex (USA) to 606 MW

IBERDROLA is the United States second largest wind power operator IBERDROLA has begun turbine assembly for 202-MW Baffin wind farm, which together with Peñascal I and II wind farms will create IBERDROLA’s largest renewable facility worldwide The Peñascal wind farm complex in Texas will have enough capacity to meet the energy needs of 210,000 U.S. […]

Europe’s installed Wind Capacity will increase 64% by the end of the Decade

Wind turbine installations in the European Union will increase 64% by 2020 compared to 2013 levels, according to data compiled by the European Wind Energy Association (EWEA). For Estonia, EWEA predicts that the current wind energy capacity of nearly 300 MW will grow up to between 550 and 1000 MW, according to the low and […]

GE Energy Financial Services Invests in Atria Power’s Wind Farms in India; Supports USD $1 Billion Annual Renewable Energy Investment Commitment

GE Energy Financial Services has invested equity in three Atria Power wind projects under construction in India, supporting GE’s commitment to invest USD $1 billion annually in renewable energy projects worldwide. The wind farms will have a combined capacity of 126 megawatts and will support the Indian Ministry of New and Renewable Energy’s program to […]

DOE Establishes Wind Regional Resource Centers

On March 11, 2014, the U.S. Department of Energy (DOE) announced six Wind Energy Regional Resource Centers, selected through a competitive process administered by the National Renewable Energy Laboratory (NREL). Northeast Wind Resource Center, operated by the Clean Energy Group and Sustainable Energy Advantage America’s Islanded Grids Resource Center, operated by the Renewable Energy Alaska […]

Suzlon well positioned to capitalize on the Market Opportunities

Consolidated revenue of Rs. 4,643Crs in Q1 FY15 (a21% YoY growth) 2nd Consecutive Quarter of Positive EBITDA at the consolidated level Gross margins improved from 29.1% to 33.5% Reinstatement of AD policy will bolster growth for the wind energy sector Strong order book at ~ 4.9 GW, valued at US$ 7.0 bn Suzlon Group, the […]