ABB_id2059
in News Departments > New & Noteworthy
print the content item

Helsinki, Finland-based atmospheric observations provider Vaisala has acquired Newton, Mass.-based Second Wind Systems Inc. A purchase price was not disclosed.

According to Vaisala, the deal bolsters its presence in the wind sector and notes that the expertise of the combined companies will enhance wind measurement solutions to its customers. Second Wind specializes in advanced wind resource assessment technologies, including the Triton SoDAR, to provide developers with the data needed to plan, finance and operate wind farms.

The wind industry continues to evolve to effectively compete with traditional generation sources, as increasing the capability and accuracy of meteorological measurements is critical to keeping pace with advancements in turbine technology, notes Vaisala.

"The acquisition of Second Wind fits well with our strategic goal to expand Vaisala's presence in the renewable energy markets," says Richard Pyle, director of the New Weather Markets customer group. "The combination of the two companies brings unique and comprehensive measurement solutions that are needed to help take the industry to the next level of optimizing and integrating wind energy."

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.


Utilities Deal "Near-Fatal" Blow To Cape Wind: UPDATED

Despite its remarkable resiliency, could this latest setback mean the end for the controversial offshore wind farm?

Hybrid Energy Innovations 2015