New player enters U.S. wind-energy market
May 15, 2009 by Paul Dvorak
Filed under Wind Power Projects, Wind Watch
Relight, an Italian company in renewable energy, is entering the U.S. market to invest in the wind and photovoltaic sector. Relight U.S., New York City, has set a target to reach at least 2,000 MW installed capacity in wind power in the U.S. in five years, mainly in the south-west and central states. To hit that target, the company says it will exploit its experience and knowledge in solar, photovoltaics, and to invest in other “green” technologies. The total investments will require funding of $4 billion, accompanied with the recruitment of an American and international team of managers and engineers.
The company says its strategy for entering new markets is based on the support of local partners to reach areas of investment.
The company, an investment group headquartered in Milan, operates in the international renewable energy market and is involved in development and acquisition of plants at every development stage, in all renewable energy technologies. Relight has an international corporate structure and operates through different subsidiaries according to the country or the technology.
Windpower Engineering Editor Paul Dvorak is an experienced mechanical engineer. Paul has seven years of hands on mechanical engineering experience and 23 years of technical writing. Paul is constantly in correspondence with wind turbine manufacturers and wind power researchers. Thanks to this correspondence, he is able to write about wind engineering topics before any other editor in the wind space.
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