United Wind, a premiere provider of distributed wind-power solutions, and Forum Equity Partners, a leading alternative investment management and principal investment firm. announced a deal that provides $200M in project equity capital for distributed wind projects throughout the U.S. The financing will significantly expand United Wind’s unique and market leading WindLease program, which enables residential…
Moventas’ new zero-down condition monitoring lease program offers reductions in O&M costs
Moventas North America is proud to introduce an innovative financial solution with their Condition Monitoring Lease Program that converts the upfront installation costs for condition monitoring into an affordable monthly payment for wind farm owners. Additionally, this financial innovation translates condition monitoring from a hardware only business to a complete life-cycle service. Developed by Moventas,…
Bureau of Ocean Energy Management issues first wind research lease in Federal offshore waters
As part of the Obama Administration’s Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, the Bureau of Ocean Energy Management (BOEM) announced today that it has executed a wind energy research lease with the Commonwealth of Virginia’s Department of Mines, Minerals and Energy (DMME). This is BOEM’s…
Sodar measures wind higher than tower and with lower uncertainty
AWS Truepower says it has Sodar units available for lease with support from its team of professional meteorologists and engineers. Client units are also welcomed and supported. Sodar, or Sonic Detection and Ranging, is acoustic equipment that is easily deployed at existing or proposed wind project sites to accurately measure the boundary layer’s wind profile…
America launches offshore wind farm: Cape Wind
Offshore wind has been given the go-ahead for construction in Cape Cod. The nation’s first lease for commercial offshore wind energy development was signed at the American Wind Energy Association’s (AWEA) North American Offshore Wind Conference in Atlantic City. On stage in front of an eager group of photographers and applauding crowd, U.S. Interior Sec.…