Posts Tagged ‘billion’

Rocky Mountain Power to spend $2 billion on wind farm turbines, upgrades

A transmission line, electrical collector system and a collector substation are proposed to be installed at the Cedar Springs Wind Project approximately 19 miles northeast of Glenrock, according to a public notice from RMP. The upgrades and additions are a part of RMP's Energy Vision 2020 Plan, a plan to add 1,100 megawatts of new […]

Frost & Sullivan Projects Global Annual Investments of $100 Billion until 2025 in Wind Power

A recent analysis from Frost & Sullivan, The Global Wind Power Market, Forecast to 2025, finds that the global wind market has witnessed tremendous growth, with an addition of more than half of the world's wind power capacity over the past five years. The global wind market, onshore and offshore, is driven by various governments' […]

Power Plant Control System Market worth 6.22 Billion USD by 2022

This growth is primarily due to the increasing emphasis on alternative energy production, increase in the buoyant power sector and augmented power generation capacities worldwide, and government initiatives toward the adoption of industrial automation. The report “Power Plant Control System Market by Solution , Application , Component, Plant Type , and Region – Global Forecast […]

Replacing Liddell with renewables is $1.4 billion cheaper than government plan, report says

The Turnbull government's plan to keep the worn-out Liddell power station running for another five years would cost about $1.4 billion more than replacing it with clean energy, and spew millions of tonnes of damaging carbon pollution, a new analysis shows. The findings cast further doubt on the wisdom of keeping Australia's oldest operating coal […]

Texas wind energy projects worth about $11 billion threatened by U.S. House tax vote Thursday

The wind energy industry is warning that $10.9 billion worth of Texas projects could be threatened by a U.S. House vote Thursday. The House is scheduled to decide on tax reform that includes retroactively slashing the wind energy production tax credit. View full post on Wind Power News

Saudis Seek Up to $50 Billion for First Phase of Renewables Plan an hour ago

Saudi Arabia will start soliciting bids in the next few weeks for the first phase of a “massive” renewable-energy program costing $30 billion to $50 billion, Energy Minister Khalid Al-Falih said. OPEC's biggest producer plans to generate close to 10 gigawatts from renewables, primarily solar and wind power, by 2023, he said Monday at an energy conference […]

China set to invest $174 billion in clean energy over next four years

The world's most populous country is about to invest a whole lot of money in clean energy . Clean Technica reports that China is planning to spend about $174 billion on hydroelectric and wind energy projects over the next four years. View full post on Wind Power News

BOI sees P52 billion worth of pipeline projects

The Philippine Board of Investments is expecting a further upsurge in investments registration in the coming months with the anticipated approval of about 44 projects in the pipeline worth P52 billion. Trade Secretary and BOI Chairman Ramon M. Lopez attributed the influx of investments to sustained investor confidence and sound economic fundamentals. View full post […]

RUSNANO to invest at least RUB 10 billion in wind power projects

RUSNANO will invest at least RUB 10 billion in wind power projects, according to the company's statement after the International Renewable Energy Congress – XXI: Energy & Economic Efficiency. In particular, RUSNANO will establish two international consortia involving key players of the global wind power market. View full post on Wind Power News

GE Agrees to Buy Blade Maker LM Wind Power for $1.65 Billion

General Electric Co. announced plans to buy LM Wind Power for $1.65 billion from private equity firm Doughty Hanson. View full post on Wind Power News