Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/dWaECfbwoceNpOdlPUFz

October 8, 2012
Sign upForwardArchiveAdvertise
News for wind power professionals and advocates

  Industry Update 
  • Mass. lawmakers united in hoping for tax credits' renewal
    The Massachusetts delegation in Congress is optimistic that the wind-energy Production Tax Credit and the Investment Tax Credit will be renewed when lawmakers reconvene after the November election. Sen. Scott Brown, R-Mass., who was previously opposed to extending the two tax incentives, is now in favor of renewing them, according to John Donnelly, the lawmaker's press secretary. Extending the tax incentives would help safeguard U.S. jobs, said Rep. Niki Tsongas, D-Mass. Telegram & Gazette (Worcester, Mass.) (10/7) LinkedInFacebookTwitterEmail this Story
  • Feds OK plan to sell capacity on proposed N.M. power line
    The Federal Energy Regulatory Commission has given Lucky Corridor permission to begin seeking customers for a proposed transmission line in New Mexico that would stretch 93 miles, cost $350 million and carry 1,100 megawatts of power from wind farms, solar farms and gas-fired electrical plants. Lucky Corridor was established with the help of ranchers and farmers in northern New Mexico, some of whom plan to build their own wind farms to connect to the proposed power line, said President and CEO Lynn Greene. American City Business Journals/Albuquerque, N.M. (10/5) LinkedInFacebookTwitterEmail this Story
  • Juwi unit, BlackRock affiliate seek FERC's nod on wind-energy deal
    Juwi Wind unit Zephyr Wind and BlackRock NTR Renewable Power Fund filed an application on Oct. 1 asking the Federal Energy Regulatory Commission to clear a deal that would allow Renewable Power Fund to acquire about 90% of a majority voting interest in Zephyr and its managing member, CWS Wind Farm. The proposed deal would also enable Firstar Development, U.S. Bancorp's tax equity unit, to acquire a tax equity interest in CWS Wind Farm in exchange for a capital contribution. SNL Financial (free content) (10/4) LinkedInFacebookTwitterEmail this Story
  • BP unit wins FERC approval to get 50% stake in Mexican wind project
    The Federal Energy Regulatory Commission has signed off on a deal that would enable BP Wind Energy North America to obtain a 50% interest in the 156-megawatt Energia Sierra Juarez wind project that an affiliate of Sempra Energy is planning to build in Mexico. Construction of the 52-turbine wind farm is slated to start next year, with completion due in 2014. Once operational, the facility will deliver power to San Diego Gas & Electric under a long-term deal. SNL Financial (free content) (10/4) LinkedInFacebookTwitterEmail this Story
  • Brazil's CPFL Renováveis pulls plug on planned IPO
    Brazil's CPFL Renováveis has suspended its planned initial public offering, citing adverse market conditions and a plan by Brazil's government to cut rates when renegotiating the licenses for power distribution and transmission. Although the measure doesn't directly affect CPFL Renováveis, it has a negative impact on investor confidence in the sector, CEO Miguel Abdalla Saad said. Reuters (10/5) LinkedInFacebookTwitterEmail this Story
  Project Focus 
  • Kan. project likely to advance even without PTC, utility says
    Alabama Power, which has signed a 20-year power purchase agreement with TradeWind Energy's Buffalo Dunes Wind Project in Kansas, thinks the project will remain economically viable even if Congress does not extend the wind-energy production tax credit, said Alabama Power spokesman Michael Sznajderman. The contract has a provision that would allow the companies to void the deal if TradeWind Energy cannot secure enough funding for the project -- but Kansas is a profitable site for wind energy even without PTC, Sznadjerman said. RechargeNews.com (tiered subscription model) (10/7) LinkedInFacebookTwitterEmail this Story
  • FERC clears Ill. wind project's transfer of ownership
    Wind Portfolio Holdings, a partnership indirectly owned by Gamesa Energy USA and Algonquin Power, has approval from the Federal Energy Regulatory Commission to acquire 100% of the indirect membership interests in a 200-megawatt Illinois wind farm from Gamesa Energy USA. The deal -- which will give Algonquin Power & Utilities a 51% stake in the Minonk Wind Farm and the remainder to Gamesa Energy -- is part of an $888 million agreement in which Gamesa will sell four major wind power projects to Algonquin Power. SNL Financial (free content) (10/5) LinkedInFacebookTwitterEmail this Story
  Economy, Energy & Trends 
  • Virginia Tech to launch renewable-energy R&D center in India
    Virginia Tech is planning to open a research facility in the southeast Indian state of Tamil Nadu to develop and promote the use of wind turbines and solar panels in rural Indian households. The university will put forward an initial investment of $350,000 for the proposed VT, India Institute for Critical Technology and Applied Science Innovation Center, while India's MARG Swarnabhoomi has promised $1.8 million for the project. DomesticFuel.com (10/5) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Ending PTC would push up cost of renewable power, expert says
    Removing the wind-energy Production Tax Credit, which is set to expire on Dec. 31, would drive up the cost of renewable energy in California and 28 other states with renewable portfolio standards, said David Victor, a professor of international relations and energy regulation expert at the University of California, San Diego. Without the PTC, renewables would become less competitive, with the costs being passed on to ratepayers, Victor said. "What it will mean probably is that the cost of our renewable energy in California will become more apparent to Californians," Victor added. San Diego Union-Tribune (10/5) LinkedInFacebookTwitterEmail this Story
  AWEA News 
  • 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
  • The Source for Wind Energy Industry Talent ...
    Need skilled wind professionals? Find them on AWEA's CareersInWind.com. Dedicated to connecting wind-energy companies with experienced workers who want to advance the industry, CareersInWind.com is the only job board that directly supports and promotes the wind industry. The 30-Day Job Posting and Energy Job Board product bundle includes a single job posting on CareersInWind.com and secondary exposure for your job posting on more than 16 energy partner sites. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more about AWEA ->AWEA Home  |  AWEA and Wind News  |  Events  |  Take Action

  SmartQuote 
The ability to deal with people is as purchasable a commodity as sugar or coffee and I will pay more for that ability than for any other under the sun."
--John D. Rockefeller,
American industrialist and philanthropist


LinkedInFacebookTwitterEmail this Story

 
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.
 
Subscriber Tools
     
Print friendly format | Web version | Search past news | Archive | Privacy policy

Advertise
Account Executive:  Diana Angel (202) 470-1146
 
Read more at SmartBrief.com
A powerful website for SmartBrief readers including:
 
 
 Recent Wind Energy SmartBrief Issues:   Lead Editor:  Bryan McBournie
     
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
 
 
© 1999-2012 SmartBrief, Inc.® Legal Information