Nordex SE is laying the foundations for the future wind-power growth. The company has agreed with 14 national and international banking partners on a new syndicated guarantee facility tailored to meet the requirements of its future growth plans. With a value of EUR 950 million, the new credit line has a five-year term. “In selecting the…
Bipartisan set of governors urge Senators to restore funding for wind energy research
From AWEA: Democratic Gov. Jay Inslee of Washington and Republican Gov. Terry Branstad of Iowa have sent a letter on behalf of the Governors’ Wind Energy Coalition calling on the U.S. Senate Appropriations Committee to reverse its decision to hamper long-term investment in research advancing American wind power. The governors’ letter was sent to Senate Appropriations…
New funding opportunity to develop larger wind turbine blades
The Energy Department has announced $1.8 million in funding for the development of larger wind turbine blades that will help capture more power from wind resources and increase the efficiency of wind energy systems. This funding will support the research and development (R&D) of technological innovations to improve the manufacturing, transportation, and assembly of wind…
Fund of $5 billion (yes, billion) for renewable energy projects
Renewable energy development, say some, has been hampered by limited project funding. Angel Wealth Lenders, Columbus, Ohio, say it is opening a $5 billion fund to help advance qualified projects. The organization specializes in business transactions and working with the large structured financing firms. The lender recognizes that the U.S. has a rich source of…