Recent – Page 2

More M&A Action: GE-LM Wind Power Merger Gets OK From EU

Posted by Betsy Lillian on March 20, 2017

Concluding that the merged entity would continue to face “effective competition” in Europe, the European Commission has approved GE’s acquisition of Danish wind blade manufacturer LM Wind Power. The commission says its investigation focused on the effect of the transaction [Read More]

Wind Developer Deploys Vaisala’s Triton Above The Arctic Circle

Posted by Betsy Lillian on March 20, 2017

Vaisala is reporting two successful winters north of the Arctic Circle for its Triton remote sensing system, which measured the wind for Finnish developer and operator Puhuri Oy. Vaisala says its Triton wind profiler – a compact, mobile unit with [Read More]

FirstEnergy Upgrading W. Va. Transformer To Accommodate More Wind

Posted by Betsy Lillian on March 20, 2017

Akron, Ohio-headquartered FirstEnergy Corp. expects to invest about $166 million this year on distribution and transmission infrastructure projects to help enhance service reliability for its customers in Mon Power’s 34-county West Virginia service area. Among the plans is replacing a [Read More]

Nordex Appoints New CEO After ‘Disappointing’ Market Forecast

Posted by Betsy Lillian on March 17, 2017

The supervisory board of German wind turbine manufacturer Nordex has appointed Jose Luis Blanco to succeed Lars Bondo Krogsgaard as CEO of the company. Nordex says it presented record sales and profits in 2016 and increased its market share significantly; [Read More]

PG&E Goes Big On Renewable Resources

Posted by Betsy Lillian on March 17, 2017

Nearly 70% of the electricity Pacific Gas and Electric Co. (PG&E) delivered to its customers in 2016 came from greenhouse-gas-free resources, the San Francisco-based company has announced. For renewable resources in particular – including wind, solar, geothermal, biomass and hydroelectric [Read More]

Minnesota PUC Green-Lights 400 MW Of Wind For Otter Tail Power

Posted by Betsy Lillian on March 17, 2017

The Minnesota Public Utilities Commission (PUC) has voted unanimously to approve a modified version of Otter Tail Power Co.’s 15-year resource plan, which includes significant investments in energy efficiency and renewable energy. The PUC’s decision draws on advocacy in a [Read More]

Avangrid Emerges Victorious In $9M North Carolina Offshore Wind Sale

Posted by Betsy Lillian on March 16, 2017

After 17 rounds, a wind energy area of 122,405 acres offshore Kitty Hawk, N.C., received a bid of $9,066,650 from Avangrid Renewables LLC.

Winter Storm Stella? Not A Problem For The Block Island Wind Farm

Posted by Betsy Lillian on March 16, 2017

After winter storm Stella barreled through Rhode Island and the rest of the Northeast earlier this week, Deepwater Wind is reporting an “impressive performance” from the Block Island Wind Farm. All five turbines at the offshore wind farm, situated three [Read More]

Trump Proposes EPA, DOI Cuts; Environmental Groups React

Posted by Betsy Lillian on March 16, 2017

Clean energy and environmental advocacy groups are speaking out against the Trump administration’s newly released 2018 budget proposals for discretionary spending – which, among other things, would cut U.S. Environmental Protection Agency (EPA) spending by one-third. Among the proposals, President [Read More]

CIP Kicks Off Fund For Wind And Other Energy Assets

Posted by Betsy Lillian on March 16, 2017

Copenhagen Infrastructure Partners (CIP) has initiated the fundraising process for its new fund, Copenhagen Infrastructure III K/S, which will now be open for investor subscription. The primary geographical scope of the fund is northern and western Europe, as well as [Read More]