| News for wind power professionals and advocates |  |
- We Energies gets FERC nod to buy Wis. wind farm for $27M
The Federal Energy Regulatory Commission has signed off on We Energies' planned $27 million acquisition of the 30-megawatt Montfort Wind farm in Iowa County, Wis., from FPL Energy American Wind. Once the acquisition is complete, We Energies intends to dissolve Badger Windpower, the company that currently owns and runs the wind farm, and a related power purchase deal. SNL Financial (free content)
(11/12)     
- Analysts: Renewables face post-election challenges
President Barack Obama's re-election is good for the renewable-energy sector, but other factors are likely to hold back industry growth, analysts said. The tough negotiations expected over how to address the federal deficit will make it difficult to hold on to all energy tax incentives, analysts said. Moreover, cheap natural gas and the fulfillment of many state renewable energy commitments are expected to slow down the renewable-energy industry's expansion, they added. Analyst Sarah Ladislaw at the Center for Strategic and International Studies expects "an all-out battle for the status quo." CNNMoney
(11/13)
- Likely PTC extension not enough to avert 2013 losses, analysts say
The wind-energy Production Tax Credit will likely be extended either in the lame duck session or at the start of the new Congress in January, but it will likely be too late to stave off losses in the industry next year, writes Herman Trabish. The PTC will likely get a one-year extension as part of a broader tax legislation, said Jonathan Weisgall, vice president for legislative and regulatory affairs at MidAmerican Energy Holdings. "The year-to-year cycle is what we are stuck with," he added. Greentech Media
(11/13)
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| Project Focus |  |  |
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- Iberdrola to hold open house meetings for N.H. wind project
Iberdrola Renewables, which has received preliminary approval to develop a wind farm that would stretch across the New Hampshire towns of Grafton, Alexandria and Danbury, is hosting a series of open house meetings in the affected communities this week. The proposed Wild Meadows wind project is expected to have up to 40 turbines. SeattlePI.com
(11/13)
- Siemens wins supply deal for 265-MW Calif. wind project
Siemens has finalized a deal to supply, commission and maintain 112 wind turbines for the 265-megawatt Ocotillo Wind project that Pattern Energy is building in southern California. Siemens will manufacture most of the turbine parts for the contract at its factories in Hutchinson, Kan., and Fort Madison, Iowa, said Mark Albenze, CEO of Siemens Energy's Wind Power Americas unit. RechargeNews.com (tiered subscription model)
(11/13)
- Juwi Wind finalizes financing for Minn. wind project
Juwi Wind has completed the financing for its Community Wind South project in Minnesota. Deutsche Zentral-Genossenschaftbank arranged the transaction and also gave out construction and term loans to the project. The 30-megawatt wind farm is scheduled to go online this quarter. RechargeNews.com (tiered subscription model)
(11/13)
| Policy Watch | | |
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- Grassley: Fate of PTC linked to fiscal deficit negotiation
Sen. Charles Grassley, R-Iowa, said he supports an extension of the wind-energy Production Tax Credit but admitted that the tax incentive's future depends on the outcome of negotiations over the fiscal deficit. "As important as I think wind energy is, we've got a big fiscal problem here," Grassley said. However, he added that no "single energy tax incentive should be singled out over others" outside of a comprehensive tax reform plan. Reuters
(11/13)
| AWEA News | | |
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AWEA Wind Project Operations, Maintenance & Reliability Seminar
Growth and business opportunities are showcased in the wind energy industry's premier O&M event. Regardless of a change in projected project development work -- and with more turbines deployed than ever -- operations and maintenance activities for existing wind energy projects will continue to be a strong and necessary component to the industry. Coming Jan. 15 and 16 to La Jolla, Calif. Get more information.
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Exec: PTC-Related Layoffs "Not a Happy Experience"
Laying off hundreds of workers because of Congress' delay in extending the wind-energy Production Tax Credit has been painful, one wind company spokesman said recently on a segment aired on Minnesota Public Radio. Read more.
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