Posts Tagged ‘auction’

New England electric grid operator completes power auction

The annual auction to determine who will provide enough electricity for New England three years in the future has yielded the lowest clearing prices in five years, according to officials with the regional power grid operator. ISO-New England officials said Thursday that the 12th Forward Capacity Market auction closed with a preliminary clearing price of […]

Indigenous investors required in second round of Alberta renewable power auction

The Alberta government says it will require indigenous equity investment from proponents in its second round of bids to build renewable energy projects in the province. Environment Minister Shannon Phillips says the province is targeting projects producing 300 megawatts of electricity in its second round which is being designed to boost the economy and training […]

Alberta chooses three companies to build four wind power projects in auction

The winning bids came from Edmonton-based Capital Power with a 201-MW project, Lisbon, Portugal-based EDP Renewables with a 248-MW project and Enel Green Power Canada, a division of a Rome-based global power company, with projects of 115 MW and 31 MW. CALGARY – Bids in an auction to pick renewable energy projects were so attractive […]

India’s Wind Turbine Makers Mull Cuts as Auction Pace Lags

ReGen Powertech Pvt., one of India's top five wind turbine makers, last month shuttered a factory in the northwest city of Udaipur and laid off workers, signaling challenges roiling the nation's wind turbine manufacturers as they adjust to an auction system that's throwing into doubt how much wind energy gets built. “We all have extra […]

Kitty Hawk NC offshore wind auction set

U.S. plans to auction ocean sites off North Carolina for commercial offshore wind energy development advanced last week, as the federal Bureau of Ocean Energy Management scheduled a commercial lease sale for the sites for March 16, 2017. But will the Trump administration continue the Obama administration's offshore wind leasing program? Under federal law, the […]

Wind farm auction for ocean zone continues after record bid

If you used an Optimum login , click the Connect Account button to use your Optimum login info to manage your Newsday subscription account. If you used a Newsday login , it looks like it's not connected to an active subscriber account. View full post on Wind Power News

Chile Auction Sees Surge in Wind Power, Rattles Incumbents

Mainstream Renewable Power Ltd. and Empresa Nacional de Electricidad/Chile SA won more than two thirds of Chile's largest ever electricity supply auction Wednesday, slashing prices in the process and rattling the shares of the other incumbent power suppliers. Mainstream won 30 percent of the 12.34 Tera-watt hours per year auctioned, while Endesa, a unit of […]

Less-Risky Argentina a Renewables Hotbed With $2 Billion Auction

The nation that's been locked out of capital markets since defaulting on $95 billion in 2001 and spooked investors two years ago by halting payments on foreign-law bonds, is now seen as a key destination for companies including Enel SpA, ABO Wind AG, General Electric Co. and Engie SA. View full post on Wind Power […]

Still a buyers’ market as the ACT’s second wind auction brings in the bidders

SIMON Corbell says fifteen proposals have been received for the ACT’s second wind energy auction, reflecting strong industry interest. “The reverse auction for 200MW of capacity to support wind energy generation closed on Wednesday with more than 1,100MW of capacity put forward by bidders,” Simon said. View full post on Wind Power News

N.J. Dems pressing Christie to act on offshore wind farms as federal auction nears

The U.S. government will auction off lease rights to 344,000 acres off the New Jersey coast for wind farms such as this. Democrats from New Jersey’s congressional delegation are prodding the Christie administration to finalize a key funding mechanism for offshore wind energy projects in light of an impending federal auction to sell lease rights […]