Alterra Power Corp. and Starwood Energy Group Global, LLC are pleased to announce the completion of a $287 million construction loan facility (all amounts USD) for the 204 MW Shannon wind energy project. The facility was supplied by affiliates of Citi, Santander Bank, N.A. and the Royal Bank of Canada, and consists of a $212 … Continue reading Alterra Power and Starwood Energy secure loan facility for the Shannon Wind Energy Project
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Wind farm with GE wind turbines will generate enough electricity to power the equivalent of 123,000 homes
Renewable Energy Systems (“RES”), together with GE (NYSE: GE) and Downer (ASX: DOW), today announced a major contract for the supply of 75 wind turbines to the 240MW Ararat Wind Farm in south-west Victoria. In what will be the third largest wind farm in Australia, the $450 million project will be financed by shareholders Partners … Continue reading Wind farm with GE wind turbines will generate enough electricity to power the equivalent of 123,000 homes
Continue readingGE invests in $348 mln in wind farm after Australian subsidy deadlock ends
General Electric will help fund a $348 million Australian wind farm, the country’s third largest, after political leaders ended a deadlock over state subsidies that had stalled the $13 billion industry for over a year. GE, Swiss private equity firm Partners Group Holding AG , Canadian pension fund OPTrust and UK-based Renewable Energy Systems Ltd … Continue reading GE invests in $348 mln in wind farm after Australian subsidy deadlock ends
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GE Inks Investment Deal with TerraForm Global to Boost International Wind Power Growth
GE’s (NYSE: GE) renewable energy business announced a $25 million investment in TerraForm Global, LLC. TaForm Global is a dividend growth-oriented company, or ‘yieldco,’ formed by SunEdison to own and operate contracted renewable power generation assets in attractive, high-growth emerging markets. “This investment is about driving continued global growth for renewable power,” said … Continue reading GE Inks Investment Deal with TerraForm Global to Boost International Wind Power Growth
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BayWa r.e.’s 80 MW Beethoven Wind Power Project began Operation
BayWa r.e. announced today that its Beethoven Wind Project in South Dakota achieved full commercial operation on May 28, 2015. BayWa r.e. bought the project from a local developer in August 2014, finalized development and began significant additional construction in September. The power is sold under a twenty year contract to NorthWestern Energy and GE … Continue reading BayWa r.e.’s 80 MW Beethoven Wind Power Project began Operation
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GE Energy Consulting Study Shows Western Grid Can Withstand Disturbances under High Renewable Penetrations
This week, at the American Wind Energy Association’s (AWEA) WINDPOWER 2015 conference and exhibition, GE’s Energy Consulting business (NYSE: GE) presented the results of the Western Wind and Solar Integration Study Phase 3 (WWSIS-3). The study, a collaborative effort between the National Renewable Energy Laboratory (NREL) and GE, showed that, with the use of good, … Continue reading GE Energy Consulting Study Shows Western Grid Can Withstand Disturbances under High Renewable Penetrations
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GE Launches the Next Evolution of Wind Energy Making Renewables More Efficient, Economic: the Digital Wind Farm
GE (NYSE: GE) today announced the launch of its Digital Wind Farm, a dynamic, connected and adaptable wind energy ecosystem that pairs world-class turbines with the digital infrastructure for the wind industry. The technology boosts a wind farm’s energy production by up to 20 percent and could help generate up to an estimated $50 billion … Continue reading GE Launches the Next Evolution of Wind Energy Making Renewables More Efficient, Economic: the Digital Wind Farm
Continue readingGE Improves Wind Farm Efficiency
When planning a wind plant, collector cable systems play a critical role in how efficiently power can be delivered from the point of generation to the grid. An optimal collector system design can help minimize electrical losses, cable and trenching costs and substation configuration costs. The new Wind Collector Optimization Service from GE’s Digital Energy … Continue reading GE Improves Wind Farm Efficiency
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Wind power in Texas: E.ON Christen wind farm with GE wind turbines
E.ON and GE Energy Financial Services today celebrated the opening of the Grandview Wind Farm (Grandview) in the Texas Panhandle, 30 miles east of Amarillo. E.ON and GE Energy Financial Services (GE) jointly own Grandview through a 50/50 investment partnership. “The community has been wonderful and more than patient in developing this project. Grandview … Continue reading Wind power in Texas: E.ON Christen wind farm with GE wind turbines
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EDF Renewable Energy celebrates the Hereford Wind Power Project with Vestas and GE wind turbines
EDF Renewable Energy (EDF RE) and partner BlackRock Infrastructure, celebrated the completion of the 200 megawatt (MW) Hereford Wind project today with a ribbon-cutting ceremony. State and local representatives joined EDF RE and BlackRock Infrastructure to recognize the supportive community and benefits of wind to the region. The Hereford Wind project, encompassing approximately … Continue reading EDF Renewable Energy celebrates the Hereford Wind Power Project with Vestas and GE wind turbines
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Enel green power sells 49% in north America Newco to GE Energy financial services
Enel Green Power S.p.A. (“EGP”), through its subsidiary Enel Green Power North America, Inc. (“EGPNA”), entered into an agreement with General Electric Unit (NYSE: GE) GE Energy Financial Services for the sale of a 49% stake in a newly created company, EGPNA Renewable Energy Partners, LLC (“EGPNA REP”), for a total consideration of approximately 440 … Continue reading Enel green power sells 49% in north America Newco to GE Energy financial services
Continue readingGE and Casa dos Ventos Work Together to Expand Wind Energy in Brazil
In response to the expansion of wind energy in Brazil and the importance of the source to the diversification of Brazil’s power grid, GE (NYSE: GE) announced the construction of two service centers focused on the operation and maintenance of wind turbines, expected to create around 100 new jobs. The support centers will be staffed … Continue reading GE and Casa dos Ventos Work Together to Expand Wind Energy in Brazil
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GE Energy Financial Services Acquires Langhope Rig Wind Farm in Scotland from SSE
GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that it has signed an agreement with SSE plc, one of the largest generators and suppliers of energy in the UK, to acquire the 16-megawatt Langhope Rig wind farm, which is nearing construction completion near Hawick, in the Scottish Borders. Situated approximately 55 … Continue reading GE Energy Financial Services Acquires Langhope Rig Wind Farm in Scotland from SSE
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Vietnam starts 120 MW wind farm in Central Highlands
Vestas Wind Systems A/S, the world’s biggest wind-turbine maker, has signed a deal with Ho Chi Minh City-based Phu Cuong Co. to develop a 170-megawatt wind farm in the Mekong Delta province of Soc Trang. The $436-million project is expected to begin construction in 2016 and start generating power the following year, according to the … Continue reading Vietnam starts 120 MW wind farm in Central Highlands
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Siemens Surges but Vestas Wind Systems Remains Top Wind Turbine Installer in 2014
Danish wind turbine manufacturer Vestas Wind Systems (Vestas) has maintained its position as the world-leading wind turbine installer in 2014, having achieved global capacity installations of just over 6,053 Megawatts (MW), according to research and consulting firm GlobalData. The company’s latest findings also show that of the world’s top five wind turbine installers in 2014, … Continue reading Siemens Surges but Vestas Wind Systems Remains Top Wind Turbine Installer in 2014
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Siemens tops global wind power market, Vestas slips, GE rises
Siemens gained over Vestas to top the global wind turbine market as measured by market share of newly installed machines connected to the grid in 2014, according to an industry report, but the gap between the top three companies is small. MAKE Consulting, a Danish renewable energy consultancy, said wind turbine units of Siemens and … Continue reading Siemens tops global wind power market, Vestas slips, GE rises
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GE to supply wind turbines for about 150 MW of wind farm projects in Poland
GE is planning to supply wind turbines for about 150 MW of wind farm projects in Poland by the end of 2015. This year, the Group will effort on supplying for six or seven wind power projects in Poland. Recent amendment to the renewable energy law including the transition to auctions for green power … Continue reading GE to supply wind turbines for about 150 MW of wind farm projects in Poland
Continue readingStarwood Energy Group’s Stephens Ranch Wind Power Project (Phase I) in Texas Becomes Operational with GE Wind Turbines
Starwood Energy Group Global, LLC, a leading private investment firm focused on energy infrastructure, announced today that the 211-megawatt (MW) Stephens Ranch Wind Project in Texas reached commercial operation (COD) in November 2014. In addition, tax equity funding closed with affiliates of GE Energy Financial Services and Santander Bank, N.A. Financial details were not disclosed. … Continue reading Starwood Energy Group’s Stephens Ranch Wind Power Project (Phase I) in Texas Becomes Operational with GE Wind Turbines
Continue readingE.ON Climate & Renewables and GE Energy Financial Services close tax equity financing for Grandview Wind Farm
Located in Carson County, 26 miles east of Amarillo, Texas, Grandview was formed as a joint venture between EC&RNA and GE Energy Financial Services. A 211-megawatt wind farm, Grandview has 118 GE 1.7-100 wind turbines that can create enough electricity to power approximately 64,000 homes. EC&RNA has developed 2.7GW of wind projects in the United … Continue reading E.ON Climate & Renewables and GE Energy Financial Services close tax equity financing for Grandview Wind Farm
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American wind power rebounded in 2014 with 4,850 megawatts in wind energy capacity
The fourth quarter 2014 wind energy industry report released today by the American Wind Energy Association (AWEA) shows the U.S. industry’s rebound in 2014, with over four times more new wind energy coming online than in 2013. 2014 saw the completion of 4,850 megawatts (MW) in generating capacity, with cumulative installed capacity increasing eight … Continue reading American wind power rebounded in 2014 with 4,850 megawatts in wind energy capacity
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