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Windpower Weekly
Windpower Weekly 23rd August 2014

Windpower Monthly's weekly roundup of the top news from the wind industry, companies, policy, wind farm projects, operations & maintenance and technology.

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Top Stories

Gallery: First commercial Siemens 6MW installed
UK: The first Siemens 6MW turbine has been installed at the Dong Energy-developed 210MW Westermost Rough site in the North Sea.
  Gallery: First commercial Siemens 6MW installed
 
Cost of US wind energy hits all-time low
UNITED STATES: The price of wind energy in the US is at an all-time low, according to a new report from the Department of Energy.
  Cost of US wind energy hits all-time low
 
Windpower Top 30 - the money people
WORLDWIDE: It is that time of year again when Windpower Monthly selects and ranks the most influential people in the wind power industry.
  Windpower Top 30 - the money people
 
Siemens delays Borkum Riffgrund 1 installation
GERMANY: Siemens has had to delay the installation of its turbines to the 312MW Borkum Riffgrund 1 site in the German North Sea "for a few weeks", the project's commissioning date would not be affected, it said.
  Siemens delays Borkum Riffgrund 1 installation
 
Question of the Week: Should subsidies be paid to foreign projects?
Windpower Monthly spoke to EWEA, Taxpayers' Alliance and the Irish Wind Energy Association (IWEA), about whether government subsidies should be paid to wind projects located in other countries in return for cross-border electricity.
  Question of the Week: Should subsidies be paid to foreign projects?
 
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Business & Companies

Vestas sustains strong start to year
DENMARK: Vestas continued its strong start to the year with growth in revenues in the second quarter pushing the manufacturer into profit.
  Vestas sustains strong start to year
 
Healthy first half results for Nordex
GERMANY: Nordex has posted a 23% increase in sales and doubled its pre-tax profits in the first half of 2014, with expansion in Germany and the America driving growth.
  Healthy first half results for Nordex
 
Budweiser brewery installs second turbine
UNITED STATES: Drinks manufacturer Anheuser-Busch has installed a second turbine at its North California brewery, taking its total installed capacity to 4.1MW.
  Budweiser brewery installs second turbine
 
Mixed results for LM Wind in Q2
DENMARK: LM Wind Power reported a 17% increase in turnover in the second quarter of 2014, but pre-tax profits fell by 18% compared to the same period in 2013.
  Mixed results for LM Wind in Q2
 
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Markets & Policy

Russia may relax local-content requirements
RUSSIA: The Russian government may ease its stringent local-content requirements relating to wind developments.
 
 
 
PTC clarification "could unlock 3GW" in US
UNITED STATES: The US Internal Revenue Service (IRS) has clarified rules about how wind projects qualify for federal tax incentives, a move that could help break a financing logjam and allow thousands of megawatts of stalled projects to progress.
 
 
 
Industry reacts to Australian renewables target threat
AUSTRALIA: Wind power developers, manufacturers and industry bodies have reacted to the potential abolition of the Renewable Energy Target (RET) to new companies, calling the move "reckless".
 
 
 
Members of US Congress support PTC end
UNITED STATES: Republican congressman Mike Pompeo has written a letter, signed by 53 other members, to the House leadership calling for the end of the production tax credit (PTC).
 
 
 

Project Development

French floating test site authorised
FRANCE: A test site for floating wind turbines in the Mediterranean has been approved by the regional authorities in France.
 
 
 
US Wind Inc wins Maryland offshore lease
UNITED STATES: US Wind Inc. emerged the winner in the US's third offshore wind competitive lease auction, bidding $8.7 million for the rights to develop two parcels off the coast of Maryland.
 
 
 
Greencoat acquires four UK wind projects
UK: Investment fund Greencoat UK Wind has acquired a 51.6% stake in four UK projects with a total capacity of 87.5MW from the AES Corporation.
 
 
 

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