Staffan Engstrom/Consultant Agir Konsult AB/Nordic Windpower/Taby, Sweden A dampened pivot hub, modular drive train, and regulated tip speeds give two-bladed, utility-scale wind turbines a few advantages over three-blade designs. Nordic Windpower focuses on developing the advantages of two-blade turbines. The company manufactures a 1 MW unit with larger rating in the works. The firm’s earliest…

Most wind turbine costs are headed in the wrong direction. A few years ago, according to one industry insider, a typical U.S. turbine installed cost $1.4 million/MW and a goal was to bring that figure down to $1 million. But costs are now closer to $2 million/MW for those onshore, and reportedly $3 to $4…

Nordic Windpower recently announced that it has raised $38 million in a new financing round led by Khosla Ventures, a premier investor in clean technology companies. Joining Khosla Ventures in the Series C equity financing are New Enterprise Associates (NEA), one of the largest venture firms worldwide, Novus Energy Partners, a US/Europe-based investor in clean…