Northland Power Inc., the Aamjiwnaang First Nation, and Bkejwanong Territory (Walpole Island First Nation) announced the closing of project financing for the Grand Bend Wind Project, with all of the equity contributed to the project and all debt required for the project now fully committed by the project lenders. The 100-MW project, located near Grand Bend,…
Sad sign of the times: Vestas closing R&D facilities
Editor’s note: These plant closings are not restricted to the U.S. but include China, Denmark, and Singapore. This would be indicative of a worldwide slowdown in wind developments. And my suspicion: the company will lean a bit more on the R&D provided by capable government organizations such as NREL in the U.S. and Risø in…