Although the 2009 American Recovery and Reinvestment Act (ARRA) provides significant economic incentives for investing in renewable energy projects, GAAP earnings patterns may negatively impact investors should they choose to ignore liquidation provisions in tax equity partnership structures. We are... (Continue reading)
Manulife Financial announced the completion of a CAN $194.5 million financing with Boralex Inc. for the construction and long term operation of a portfolio of nine 10 megawatt (MW) wind farms in southwest Ontario, Canada. Manulife formed and led a... (Continue reading)
Finavera Renewables Inc. has confirmed that all four of its wind projects submitted to the 2008 Clean Power Call have been accepted by BC Hydro for award of long term power purchase agreements (PPAs).The four projects are expected to have... (Continue reading)
REpower Systems AG has received the first unit certificate from Germanischer Lloyd (GL) for new turbines in its turbine portfolio. The certificate is the first ever that has been issued for a wind turbine (generation unit) with a double-fed generator... (Continue reading)
The European Commission this week allocated over €903 million to electricity interconnection projects as part of its broader European Economic Recovery Plan, injecting new impetus into long standing electricity grid development plans within the EU. Nine projects received funding, including... (Continue reading)
New wind potential estimates for the lower 48 states based on windNavigator, AWS Truewind's high-resolution wind resource dataset have been released. The estimates were produced in collaboration with the National Renewable Energy Laboratory (NREL) and they mark the first comprehensive... (Continue reading)
Intertek will be hosintg a free 1 hour webinar on March 4, 2010 at 2:00 EST on regulatory requirements for small wind turbines. Confusion regarding product safety requirements for wind turbines has led to costly permitting and project delays by... (Continue reading)
Second Wind Inc., a leading provider of wind measurement and information technology, today announced that Larry Letteney has been named Chief Executive Officer. Letteney succeeds Second Wind's founder, Walter Sass, who is widely credited with several key advancements in wind... (Continue reading)
REpower Systems AG and Akuo Energy SAS have signed three agreements for the supply of 25 wind turbines. The REpower MM92 turbines, each with a hub height of 100 meters and 2.05 megawatts (MW) of rated power will be installed... (Continue reading)
CPV Renewable Energy Company has closed on financing and plans to begin construction on the 152-megawatt (MW) Keenan II wind farm, over approximately 8,000 acres 12 miles southwest of Woodward, Oklahoma. The project is scheduled for completion by year's end.... (Continue reading)