GWEC releases 2015 global wind statistics

Editor’s note: Total global wind capacity reached 432,419 MW at the end of 2015, representing cumulative growth of 17%, according to the Global Wind Energy Council (GWEC). Record Chinese installations drove the global market past 63 GW. The GWEC released their global wind statistics for 2015. Below is their press release. ~ Powered by an astonishing 30,500 MW

Cost of Capital: 2016 Outlook

Editor’s note: This article is an excerpt from law firm and consultants Chadbourne Parke‘s Project Finance NewsWire. It includes part of a discussion between industry veterans on renewable energy and project finance. The full interview is available here.   More than 2,000 people listened in January as a group of project finance industry veterans talked about the

Vestas receives 200-MW turbine order in the U.S.

Vestas maintains that it has received an unconditional order in the United States for 100 of its V110-2.0 MW turbines for a total of 200 MW. The project currently remains undisclosed at the customer’s request. According to Vestas, the contract includes supply and commissioning of the wind turbines, as well as a five-year customised Active Output

First Reserve acquires Mariah North Wind Power project in the Texas Panhandle

First Reserve, one of the largest global private equity and infrastructure investment firms exclusively focused on energy, announced the acquisition of the Mariah North Wind power project from Mariah Acquisition. Upon completion, Mariah North Wind is expected to generate 230 MW of wind power, serving the high-demand ERCOT market in Parmer County, Texas, with a

K2Wind turbine towers set to reach mega heights with new techniques

Wind turbine towers are set to reach heights of up to 170m with new construction techniques and materials, according to wind power engineering specialists K2 Management. Tower heights have grown steadily over the last decade as operators seek stronger wind speeds higher up in the atmosphere.

Composites industry takes to Capitol Hill to discuss value of materials in American infrastructure

During the American Composites Manufacturers Association’s (ACMA) annual Infrastructure Day, ACMA members took to Capitol Hill to inform Members of Congress and federal agency leadership about the value of composite materials in American infrastructure. As the unified voice of the composites industry, ACMA helps composites manufacturers, suppliers, distributors, and end-users tell their story. One of

Supreme Court stay of Clean Power Plan will not deter transition to clean energy economy

The Supreme Court issued a temporary stay on the Clean Power Plan, which puts the first ever limits to carbon pollution from coal-fired power plants. George Goehl, Executive Director of National People’s Action, issued the following statement: “The Supreme Court is charged with safeguarding our fundamental and constitutional rights, including our right to clean air.

Midwest Energy more than doubles Kansas wind-power purchases

Midwest Energy has signed a purchase-power agreement with Westar Energy of Topeka for 57 MW of wind energy from the Kingman Wind Energy Center, scheduled for completion by early 2017. “This agreement provides both economic and environmental benefits,” said Earnie Lehman, President and GM at Midwest Energy. “It allows us to use more Kansas renewable resources

Rise in turbine OEM’s using trading platform Spares in Motion

Wind-turbine component OEM’s are increasingly using Spares in Motion to sell in the turbine aftermarket, according to the company. In the last quarter, Spares in Motion experienced a steep increase in the number of turbine-component OEM’s using the international B2B trading platform. The goal of the OEMs is to use Spares in Motion to sell their

Data quality: The top 5 issues when assessing wind plant performance

Modern computers and the systems that run on them are amazingly powerful. They can “auto-magically” gather almost any type of data, at any frequency, and store it away for later examination. In the renewable energy generation space, SCADA systems collect data from hundreds of sensors that monitor equipment health, performance and state of operation. The value of that data, and its ability to optimize plant performance, depends on its quality.