News

China faces oversupply of solar panels, wind turbines

Source: E&E • Posted: Monday, October 8th, 2012

The quick growth of China’s manufacturing capacity has led to a huge oversupply of solar panels and wind turbines and a price war. Manufacturers, state-owned banks and local governments are now facing a financial disaster. Panel prices have fallen by three-fourths since 2008, leaving the country’s biggest solar panel makers with losses of up to $1 for every $3 of sales this year.

Company proposes offshore wind farm ahead of Cape Wind

Source: E&E • Posted: Monday, October 8th, 2012

Deepwater Wind LLC has proposed to start building an offshore wind farm off Rhode Island by early 2014, the company’s chief executive said. The project, 3 miles southeast of Block Island, would be ahead of the Cape Wind farm long expected to be the country’s first offshore facility

Latest giant wind turbine could power 3,200 homes

Source: John Roach, NBC NEWS • Posted: Monday, October 8th, 2012

Wind energy company Vestas had planned on building a 7-megawatt giant offshore turbine, but has decided to up it to 8 megawatts, in a bid to lower costs and secure buyers. The boost, the company said, has been a possibility since they started work on the V164 platform in March 2011.

Vestas consolidates R&D in Colo.

Source: E&E • Posted: Monday, October 8th, 2012

The world’s biggest wind turbine producer, Vestas Wind Systems A/S, is consolidating its U.S. research and development operations into one location in Brighton, Colo.

Wind propels more than energy in S.D.

Written by Cody Winchester, Argus Leader • Posted: Monday, October 8th, 2012

Researchers at the USDA Economic Research Service, the National Renewable Energy Laboratory and Lawrence Berkeley National Laboratory examined economic data from 1,009 counties in 12 states with high wind-resource potential — Montana, Wyoming, South Dakota, North Dakota, Minnesota, Iowa, Nebraska, Colorado, Oklahoma, Texas, Kansas and New Mexico.Controlling for other factors, their analysis found that each megawatt of installed wind power led to an additional $11,000 in personal income and 0.5 jobs per county during the time period studied.

Cape Wind boosters take aim at opponents’ fossil fuel ties

Source: Nick Juliano, E&E reporter • Posted: Friday, October 5th, 2012

Proponents of the long-embattled Cape Wind project launched a new campaign this week accusing opponents of the proposed offshore wind farm of being committed to protecting a fossil fuel magnate and not representing the true views of Massachusetts residents. The “Cape Wind Now” campaign is a project of the Conservation Law Foundation and other environmental and labor organizations, and it aims to serve as a counterpoint to the Alliance to Protect Nantucket Sound, which is led by the energy magnate William Koch and has vociferously opposed the offshore wind farm for more than a decade.

Deepwater to build first U.S. offshore wind farm

Source: Reuters • Posted: Thursday, October 4th, 2012

Deepwater Wind is racing to build the first U.S. offshore wind farm off Rhode Island and hopes to parlay that into a string of East Coast farms, the company’s chief executive told Reuters. The privately held U.S. wind power developer plans to begin construction of the $250 million, 30-megawatt (MW) Block Island project by early 2014, ahead of a farm proposed by Cape Wind long expected to be the nation’s first offshore facility

Government study finds wind power boosting income, jobs in Great Plains and Rockies

Source: Christa Marshall, E&E reporter • Posted: Thursday, October 4th, 2012

Wind power installed in the Great Plains and Rocky Mountain region boosted personal income and employment in those areas in the past decade, according to a new study from researchers at three national laboratories and the Department of Agriculture. Specifically, wind increased the annual personal income of counties in the region on average by about $11,000 per megawatt and raised county-level employment by 0.5 job per megawatt between 2000 and 2008, according to the analysis. That translates to a median county-level increase of 0.2 percent in personal income and a 0.4 percent rise in employment.

Chinese-owned firm sues Obama over blocked wind farms

Source: Nick Juliano, E&E reporter • Posted: Wednesday, October 3rd, 2012

A Chinese-owned company is suing President Obama over his decision to block construction of four small wind farms in Oregon. Ralls Corp., which is incorporated in the United States but owned by executives of Chinese heavy industrial firm Sany Group, filed the lawsuit yesterday, according to a copy of the suit released this afternoon. The company amended an earlier complaint against the Committee on Foreign Investment in the United States (CFIUS) and its chairman, Treasury Secretary Timothy Geithner.

MidAmerican to buy 2 wind farms

E&E • Posted: Tuesday, October 2nd, 2012

MidAmerican Energy Co. has agreed to purchase from Terra-Gen Power LLC two wind projects that are still under construction about 120 miles north of Los Angeles. The two projects would generate 300 megawatts of peak electric capacity, enough to meet the demand of about 80,000 homes. They will be part of the larger Alta Wind Energy Center in Tehachapi, Calif.