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October 15, 2012
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News for wind power professionals and advocates

  Industry Update 
  • AWEA rolls out recommended practices for offshore wind facilities
    The American Wind Energy Association has unveiled a set of recommended practices for offshore wind facilities in the U.S. AWEA's Recommended Practices for Design, Deployment and Operation of Offshore Wind Turbines in the United States was developed with the help of the Department of Energy and the National Renewable Energy Laboratory. RechargeNews.com (tiered subscription model) (10/15) LinkedInFacebookTwitterEmail this Story
  • FERC approval sought for deal for ownership stake in wind farm
    Citicorp is asking the Federal Energy Regulatory Commission to sign off on a transaction that would allow the company to pay Gamesa Energy USA $53 million to revoke its right to buy any class A membership interest in the Pocahontas Prairie Wind Farm in Pocahontas County, Iowa. Under the deal, Citicorp would retain 100% non-managing class A membership interests in Pocahontas Prairie Holdings, which owns the wind farm, while Gamesa would retain 100% managing class B membership interests in the facility, as well as operational control. SNL Financial (free content) (10/12) LinkedInFacebookTwitterEmail this Story
  • Vestas continues planned layoffs in Colo.
    Vestas Wind Systems laid off about 200 workers at its wind-blade factory in Windsor, Colo., on Oct. 10, citing a drop-off in orders due to the uncertainty over the wind-energy Production Tax Credit. The latest round of job cuts, plus some attrition and transfers, has shrunk Vestas' workforce in Colorado this year from 1,700 to 1,200. The Denver Post (10/12) LinkedInFacebookTwitterEmail this Story
  • GreenHunter gets $2.9M in milestone fee for Calif. wind farm sale
    GreenHunter Energy announced it has received about $2.9 million from Ocotillo Express as part of an agreement of the sale of the proposed Ocotillo Express Wind Energy Project in Imperial County, Calif. GreenHunter sold the project to Ocotillo Express in 2009 for an initial cash payment plus a cash milestone fee based on the final installed capacity of the project. SNL Financial (free content) (10/13) LinkedInFacebookTwitterEmail this Story
  • Pattern Energy completes financing for Calif. wind project
    Pattern Energy Group has completed the financing for the 256-megawatt Ocotillo Wind Project in Imperial County, Calif. The funding was structured as a construction loan with tranches funded by Deutsche Bank, RBC Capital Markets, North American Development Bank and other banks. The company expects to start activating the wind farm this year, with a portion expected to reach operational status in early 2013. SNL Financial (free content) (10/12) LinkedInFacebookTwitterEmail this Story
  • Clean Line project developer seeks public utility status in Ill.
    Clean Line Energy Partners, which is proposing to build a 500-mile transmission line that would stretch from northwest Iowa to northeast Illinois, has applied for public utility status in Illinois. The $2 billion proposed Rock Island Clean Line project would diversify wind-power sources in Illinois' electricity market, decrease integration costs of the resource and help drive down the price of renewable-energy credits, the company said in its application. CLEP also applied for an order of public convenience and necessity, which would enable it to construct the Illinois portion of the project. SNL Financial (free content) (10/11) LinkedInFacebookTwitterEmail this Story
  • China's XEMC to build factory in N.J. if offshore project gets OK
    Chinese wind-turbine maker XEMC-Windpower will move forward with plans to build a factory in Paulsboro, N.J., if Fishermen's Energy's plan to build pilot and utility-scale offshore wind farms gets the nod of regulators, according to an official of subsidiary XEMC-Darwind. Fishermen's Energy has chosen XEMC-Darwind to supply the turbines for its 25-megawatt proposed pilot offshore wind project off the coast of Atlantic City, N.J. XEMC-Windpower owns a majority stake in the pilot project, according to state-hired consultants. RechargeNews.com (tiered subscription model) (10/15) LinkedInFacebookTwitterEmail this Story
  Project Focus 
  • Pickens sells interest in Minn. wind venture
    American Wind Alliance, a company backed by magnate T. Boone Pickens, has divested its interest in the company behind a proposed 50-turbine wind project in Goodhue County, Minn. Peter Mastic, the new owner of the newly renamed New Era Wind Farm project, said he plans to push ahead with the project with the assistance of a local advisory board. "They wanted something that signified a re-engagement with the community and a new beginning," said Mastic. Star Tribune (Minneapolis-St. Paul, Minn.) (10/12) LinkedInFacebookTwitterEmail this Story
  Economy, Energy & Trends 
  • Exec: Funding options for offshore wind will appear as costs decline
    As the cost of offshore wind development in the U.S. falls, financing support won't be difficult to find, said Jerome Guillet, managing director of Green Giraffe Energy Bankers, at the American Wind Energy Association Offshore Windpower conference in Virginia Beach, Va. Once the economics of U.S. offshore wind power is addressed, "there are a number of different routes you can use to finance your project," said Guillet, whose firm specializes in financing European renewable-energy projects. SNL Financial (free content) (10/11) LinkedInFacebookTwitterEmail this Story
  AWEA News 
  • Study: Wind Puts More Dollars in Rural County Residents' Pockets
    A first-of-its kind government economic-impact study showed that wind power installations in 130 U.S. counties accounted for an aggregate increase in county-level personal income of $11,000 and employment of 0.5 jobs per megawatt. Read more. LinkedInFacebookTwitterEmail this Story
  • From Gift Ideas to Educational Materials ...
    Shop the AWEA Store. Loaded with turbine-adorned apparel, wind energy-inspired gifts, industry publications, and official AWEA conference and workshop materials, the AWEA Store is the one place you can shop to show your dedication to clean, renewable wind energy. AWEA members always receive 10% off the regular, sale and clearance prices. Shop early for the best selection. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
I have loved the stars too fondly to be fearful of the night."
--Galileo Galilei,
Italian astronomer, philosopher and physicist


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These stories were selected and summarized by independent editors at SmartBrief Inc., not by AWEA's staff, and do not represent AWEA positions. They reflect the variety of daily coverage of American wind power.
 
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