wind turbine finance News

  • juwi Wind Secures Financing for Minnesota Wind Farm

    juwi Wind has secured financing for the Community Wind South project, a 30 MW wind farm in southwestern Minnesota currently being constructed. The project is expected to be completed by the end of 2012. Deutsche Zentral-Genossenschaftbank, or DZ Bank AG, the fourth biggest bank in Germany with a large branch in New York, has been the mandated lead arranger and provided the construction, ITC cash ...

  • EBRD finances construction of new wind farm in Bulgaria

    €60 million syndicated loan to build Suvorovo wind farm The EBRD is supporting the development of renewable energy in Bulgaria with a €60 million syndicated loan to Eolica Bulgaria to finance the development of the Suvorovo wind farm, in the north-eastern region of the country. Similar to many countries in the region, Bulgaria relies significantly on thermal and nuclear sources to satisfy its ...

  • NIB finances the Anholt offshore wind farm

    The Nordic Investment Bank (NIB) and Danish energy company DONG Energy have signed a loan totalling EUR 240 million (DKK 1.8 billion) for financing the Anholt offshore wind farm. ...


    By Thomson Reuters

  • N.S. announces wind turbine plant

    Nova Scotia's green economy is continuing to grow through a new venture between the province of Nova Scotia and Daewoo Shipbuilding and Marine Engineering Ltd. (DSME). DSME will establish a wind turbine tower and blade manufacturing facility at the former TrentonWorks site, creating hundreds of jobs. The province is investing almost $60-million and getting an equity stake in the Pictou County ...


    By GLOBE SERIES

  • Ex-Im Bank Provides $159 Million in Trade Finance for Pennsylvania Manufacturer to Export Turbines to Wind Farm in Honduras

    WASHINGTON, - Gamesa Wind US LLC, a wind-turbine manufacturer headquartered in Langhorne, Pa., will export equipment and services for the Cerro de Hula Wind Farm, the first utility-scale wind project in Honduras, with the support of project financing from the Export-Import Bank of the United States (Ex-Im Bank). Ex-Im Bank's $159 million direct loan to the ...

  • WEPOWER Ecolutions Ships New Wind Turbines to Chile

    WEPOWER Ecolutions Inc. (the "Company"), a wholly owned subsidiary of Premier Holding Corp. (OTCBB: PRHL), an energy service provider and integrator of clean-energy solutions ("WEPOWER"), is proud to announce its first sale and shipment of three new WEPOWER Eco Seahawk2 700w KDS vertical axis wind turbines (VAWTs) to GMS Mining for deployment in their mining operations in Santiago, Chile. ...


  • GE expands Brazil Wind Turbine production facility

    São Paulo Facility Expansion to Add 35 Skilled Jobs Expansion an Investment for the Wind Industry in Brazil New Facility to Produce Machine Heads for GE 1.7-100 and 1.85-82.5 wind Turbines Today GE (NYSE: GE) announced the expansion of its Campinas, São Paulo, manufacturing facility and the creation of 35 new skilled jobs. Co-located with Brazilian ...


    By General Electric

  • Turkey’s GAMA Enerji Invests in GE Wind Turbines

    GAMA Enerji A.Ş., a GAMA Holding-GE Energy Financial Services joint venture, has achieved financial close and completed the first drawdown for a 35-megawatt (MW) wind power plant in Akhisar, Manisa, 40 kilometers from Izmir, Turkey. GAMA Enerji signed a loan agreement with TSKB in Istanbul on July 5, for financing the Gök II wind park, which is expected to reach commercial operation in ...


    By General Electric

  • GE Milestone: 1,000th Wind Turbine Installed in Canada

    The 1,000th GE (NYSE: GE) wind turbine to be installed in Canada will enter service next month at Cartier Wind Energy’s Gros Morne project in the Gaspésie Region of Quebec, GE announced today at CanWEA’s 27th Annual Conference and Exhibition. Continuing to expand its presence in Canada’s wind energy sector, GE expects to have more ...


    By General Electric

  • Wind turbine sales to boost thanks to the Paris Agreement

    According to a new report from Moody’s, wind turbine manufacturer sales will get a boost thanks to the agreement signed at the Climate Change Conference in Paris. Over 160 countries signed the Paris Agreement, which hopes to limit temperature rises to “well below” 2°C (3.6°F) ...


    By Orenda Energy Solutions Ltd.

  • REpower commissions its tallest wind turbine

    At the beginning of July, REpower Systems SE successfully commissioned its tallest wind turbine Winnberg 4 in Sengenthal near Neumarkt, Bavaria. The turbine, with a rated power of 3.2 megawatts, a rotor diameter of 114 metres and a 143 metre concrete and steel hybrid tower, has a total height of 200 metres and is thus the tallest wind turbine that REpower has erected to date. It was built on ...


    By REpower UK Ltd.

  • Enercon World's Most Powerful Wind Turbine at Present!

    Enercon World's Most Powerful Wind Turbine at Present! Enercon to Participate for ...


    By Via Expo Ltd.

  • McLean’s Mountain Wind Farm to be Powered by GE Turbines

    Northland Power and Mnidoo Mnising Power’s McLean’s Mountain Wind Farm on Manitoulin Island, Ontario, Will be Powered by 24 GE Wind Turbines McLean’s Mountain Wind Farm Will Provide 60 Megawatts of Wind Power to the Ontario Grid GE Will Provide around-the-Clock Innovative Remote Monitoring and Diagnostics and 10-Year Service ...


    By General Electric

  • Kinangop Wind Farm in Kenya to be Powered by 38 GE Wind Turbines

    One of the Largest Wind Power Generation Projects to be Built in Sub-Saharan Africa Iberdrola Engineering to Build the 61-Megawatt Wind Farm; Aeolus Kenya Developing Project Planned Energy Mix Will Give Kenya’s Population the Reliability of Supply and Contribute to the Social and Economic Development of Kenya GE ...


    By General Electric

  • Blackstone announces Germany`s largest fully financed offshore wind farm

    This month, Blackstone announced the financial closing for “Meerwind,” the largest German offshore wind farm to complete its full financing process.  The successful financial close of Meerwind helped demonstrate that privately financed projects of this scale are possible and that private capital can play a critical role in accelerating Germany’s shift from legacy fuel types ...

  • Winwind delivers eight wind turbines to France

    Winwind Ltd. and InnoVent have signed two wind turbine contracts. WinWinD and the French-based InnoVent have signed a contract for six 3 MW wind turbines. WinWinD will deliver the WWD-3 turbines to wind parks located in the Northern France in the municipalities of Fiefs and Sains-lès-Pernes by the end of 2011. The hub height of the turbines is 88 m and the rotor diameter is 103 m. ...


  • GE Introduces 2.85-103 Wind Turbine for Japan

    Generates High Power Output for Constrained Areas Engineered for Higher Turbulence Conditions Experienced in Typhoon Class Wind Speeds and to Fit the Unique Japanese Landscape Proven Platform of More than 22,000 GE Wind Turbines Installed Globally Today, GE (NYSE: GE) announced its ...


    By General Electric

  • Improved forecasts to identify the risk of icing on wind turbines

    Icing is a well known problem at wind farms in cold climates. SMHI has mapped how conditions for icing appear. Researchers are working on developing forecasts that indicate a risk of icing on wind turbines. Development improves decision-making data An ensemble forecast consists of numerous parallel forecast calculations. Forecast uncertainty can be better assessed through ...

  • E.ON Climate & Renewables Secures Financing for Indiana Wind Farm

    E.ON Climate & Renewables (EC&R) North America announced today it has secured institutional equity financing of approximately $174.9 million and a commitment to fund further capital contributions from a group of investors that includes JPM Capital Corporation (J.P. Morgan) and Wells Fargo Wind Holdings LLC (Wells Fargo) in exchange for a partial interest in EC&R's Wildcat I ...


    By E.ON AG

  • GE installs 500th Wind Turbine in Brazil

    GE (NYSE: GE) today announced its 500th wind turbine installation in Brazil. The 1.6-megawatt (MW) turbine was installed at DESA’s 38-MW Eurus project in João Camara in the state of Rio Grande do Norte. ”We selected GE for this project because of the company’s industry-leading ...


    By General Electric

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