Wind farm

Tenaska Closes $158 Million Financing for Wind Project in Southwest Minnesota

Retrieved on: 
Tuesday, November 5, 2019

OMAHA, Neb., Nov. 5, 2019 /PRNewswire/ --Independent energy company Tenaska closed $158 million in commercial financing today for the Nobles 2 wind project, which is under construction in Nobles County in southwest Minnesota.

Key Points: 
  • OMAHA, Neb., Nov. 5, 2019 /PRNewswire/ --Independent energy company Tenaska closed $158 million in commercial financing today for the Nobles 2 wind project, which is under construction in Nobles County in southwest Minnesota.
  • "This is Tenaska's second wind financing in 2019 that has been well received by the lending community," said Jay Frisbie, Tenaska senior vice president of finance.
  • Construction and operation of the Nobles 2 wind farm is expected to boost the economy in southwest Minnesota.
  • In addition to Nobles 2, Tenaska has another wind farm in construction, the 242-MW Tenaska Clear Creek Energy Center in northeast Missouri.

Blade for World’s Most Powerful Offshore Wind Turbine Arrives in Boston for Testing

Retrieved on: 
Tuesday, November 5, 2019

GE Renewable Energy and the Massachusetts Clean Energy Center (MassCEC) today announced the arrival of a blade that is part of the most powerful offshore wind turbine in the industry at MassCECs Wind Technology Testing Center (WTTC) in Boston.

Key Points: 
  • GE Renewable Energy and the Massachusetts Clean Energy Center (MassCEC) today announced the arrival of a blade that is part of the most powerful offshore wind turbine in the industry at MassCECs Wind Technology Testing Center (WTTC) in Boston.
  • The arrival of General Electrics innovative wind blade technology in the Commonwealth signals Massachusetts continued leadership in the emerging U.S. offshore wind industry, said Governor Charlie Baker.
  • WTTC also offers the latest wind turbine blade testing and prototype development methodologies to help the wind industry deploy the next generation of offshore and land-based wind turbine technologies.
  • The global offshore wind market is projected to grow to 120GW by 2030 by the Global Wind Energy Council.

Worldwide Wind Farms Database 2019 Representing 498,6 GW Onshore and 227,9 GW Offshore

Retrieved on: 
Wednesday, October 30, 2019

DUBLIN, Oct. 30, 2019 /PRNewswire/ -- The "Worldwide Wind Farms Database" report has been added to ResearchAndMarkets.com's offering.

Key Points: 

DUBLIN, Oct. 30, 2019 /PRNewswire/ -- The "Worldwide Wind Farms Database" report has been added to ResearchAndMarkets.com's offering.
This product is a database of wind farms in the World. It includes 30294 entries (in 122 countries) and represents 498,6 GW onshore and 227,9 GW offshore.

Novasec to Raise €80 Million for Spain’s Largest Onshore Wind Farm

Retrieved on: 
Wednesday, October 30, 2019

Novasec Ltd. is pleased to announce that it has secured the exclusive rights to raise 80 million to fund the development of Gecama, a ~312-megawatt onshore wind farm in Spain.

Key Points: 
  • Novasec Ltd. is pleased to announce that it has secured the exclusive rights to raise 80 million to fund the development of Gecama, a ~312-megawatt onshore wind farm in Spain.
  • Gecama is projected to start construction in Q1 2020 and is expected to cost up to 330 million to complete.
  • At Novasec, we pride ourselves on sourcing high-quality wind and solar projects, performing extensive due diligence and finding the right deal structure for each fundraising we undertake.
  • With its 312 MW capacity, Gecama will be Spains largest onshore wind farm.

Ørsted and Public Service Enterprise Group Enter into Negotiations for Investment in Offshore Wind Farm

Retrieved on: 
Tuesday, October 29, 2019

Today, rsted and Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, announced they will enter into exclusive negotiations for PSEG to potentially become an equity investor in one of rsteds offshore wind projects.

Key Points: 
  • Today, rsted and Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, announced they will enter into exclusive negotiations for PSEG to potentially become an equity investor in one of rsteds offshore wind projects.
  • Subject to permitting and final investment decision, Ocean Wind is expected to be commissioned in 2024.
    rsteds experience in the offshore wind industry has taught us the importance of strong partnerships, said Thomas Brostrm, President of rsted North America and CEO of rsted U.S. Offshore Wind.
  • It operates the Block Island Wind Farm, Americas first offshore wind farm, and has been awarded over 2,900 megawatts of capacity through six projects.
  • Public Service Enterprise Group Inc. (PSEG) (NYSE: PEG) is a publicly traded diversified energy company with approximately 13,000 employees.

Shanghai Electric Wind Power Group Co. Ltd. and WindSim AS enter into a strategic cooperation

Retrieved on: 
Friday, October 25, 2019

BEIJING, Oct. 25, 2019 (GLOBE NEWSWIRE) -- In connection with China Wind Power Conference & Exhibition in Beijing, Shanghai Electric Wind Power Group and WindSim officially signed an agreement on a strategic partnership.The agreement means that the companies will collaborate on joint development to promote new technological solutions for the wind power industry.

Key Points: 
  • BEIJING, Oct. 25, 2019 (GLOBE NEWSWIRE) -- In connection with China Wind Power Conference & Exhibition in Beijing, Shanghai Electric Wind Power Group and WindSim officially signed an agreement on a strategic partnership.The agreement means that the companies will collaborate on joint development to promote new technological solutions for the wind power industry.
  • Arne Gravdahl says that the new alliance represents an important milestone in the history of both companies and can potentially make a significant contribution to new advances in the wind power industry.
  • About Shanghai Electric Wind Power Group Co. Ltd.
    As one of the leading players in the wind power industry, Shanghai Electric Wind Power Group has established a comprehensive business in the sector through its own innovation and introduction of its own technological solutions.
  • WindSim develops and delivers advanced software solutions and consulting services that help worldwide wind energy industry leaders design more profitable wind farms.

NBT and CET Sign EPC Contracts to Build the 750MW Zophia II and Zophia III Wind Farms in Ukraine

Retrieved on: 
Wednesday, October 23, 2019
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191023005388/en/
    NBT and CET Sign EPC Contracts to Build the 750MW Zophia II and Zophia III Wind Farms in Ukraine (Photo: Business Wire)
    The 300MW Zophia II and 450MW Zophia III wind farms (Zophia wind farms) will become the largest onshore wind farm in Europe once completed with total capacity of 750MW.
  • The total investment for the Zophia wind farms will exceed 1 billion which is equal to approximately 1% of the gross domestic product of Ukraine.
  • Joar Viken, CEO of NBT, said: We are excited to sign the EPC contracts with CET for the largest onshore wind project in Europe.
  • Jia Zhichiang, Chairman of CET, stated: We are very eager to work with NBT to build the 750MW Zophia wind farms.

Offshore Wind Power Market 2019-2023 | Evolving Opportunities with Erndtebrücker Eisenwerk GmbH & Co. KG and General Electric Co. | Technavio

Retrieved on: 
Tuesday, October 22, 2019

Also, technological developments in wind power industry are anticipated to boost the growth of the offshore wind power market.

Key Points: 
  • Also, technological developments in wind power industry are anticipated to boost the growth of the offshore wind power market.
  • The cost of electricity generated from offshore wind farms is reducing significantly due to the advances in wind farm development and the emergence of offshore wind turbine technologies.
  • Also, the improvement in wind turbine technology has enabled a reduction in offshore wind power costs.
  • Major Five Offshore Wind Power Market Companies:
    Erndtebrcker Eisenwerk GmbH & Co. KG
    The offshore wind power products offered by the company are XL Monopiles, Transition pieces, Complete solutions.

Governor Northam Announces Power Purchase Agreement with Virginia’s First Onshore Wind Farm

Retrieved on: 
Friday, October 18, 2019

The agreement represents the purchase of the full capacity of the project, which will become Virginias first operating onshore wind project when it begins commercial operations, expected in 2021.

Key Points: 
  • The agreement represents the purchase of the full capacity of the project, which will become Virginias first operating onshore wind project when it begins commercial operations, expected in 2021.
  • This is a historic day in the Commonwealthnot only has Virginia signed the largest state contract for renewable energy in the country, this agreement also includes 75 megawatts of energy from Virginias first-ever onshore wind farm, said Governor Northam.
  • Rocky Forge Wind also advances the states progress toward its targets of powering 30% of Virginias electric grid with carbon-free electricity by 2030 and 100% by 2050.
  • The agreement was facilitated by Dominion Energy using a renewable power purchase mechanism approved by the State Corporation Commission.

Infrastructure and Energy Alternatives, Inc. Announces $67M Wind Construction Project Award in Iowa

Retrieved on: 
Wednesday, October 16, 2019

INDIANAPOLIS, Oct. 16, 2019 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (IEA or the Company), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced a new wind energy project award valued at approximately $67 million.

Key Points: 
  • INDIANAPOLIS, Oct. 16, 2019 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (IEA or the Company), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced a new wind energy project award valued at approximately $67 million.
  • The award is for construction of the Richland Wind Farm in Sac County in western Iowa.
  • The Richland project demonstrates Iowas strong and ongoing commitment to wind energy, said JP Roehm, IEAs Chief Executive Officer.
  • According to the American Wind Energy Association second-quarter market report, Iowa is second only to Texas in installed wind-generated megawatts.