Posts Tagged ‘firm’

UPDATE 2-Offshore wind firm DONG Energy beats forecasts, eyes greater shareholder returns

Denmark's DONG Energy beat second-quarter profit forecasts on Thursday and said the start-up of more projects and a fall in construction costs would generate more cash, possibly making way for higher shareholder returns in coming years. DONG, the world's largest owner of offshore wind power, has a strategy of farming down, or selling off, large […]

State-owned Swedish firm Vattenfall enters UK energy market

Company is latest foreign publicly owned entity to join lucrative UK market with plan to sell energy from windfarms to big business A state-owned Swedish company has become the latest European firm to enter the UK’s lucrative energy market, as Britain’s appeal to continental power suppliers shows no sign of abating after the Brexit vote. […]

Wind energy firm trying again for OK of cross-country line

A renewable energy company is again facing opposition as it seeks one of the final pieces of regulatory approval needed to carry wind power from the nation's heartland to the east. Missouri utility regulators began hearing testimony Monday on a request from Clean Line Energy to build a high-voltage transmission line from western Kansas across […]

Wind farm sweetener rejected by Borders tourism firm

However, one tourism firm whose clients would sit and view the some of the largest turbines in Scotland on the prized skyline of the Scottish Borders, has warned the long-term impact on unspoilt beauty spots will outweigh the benefits offered to local people. Rob Armstrong is not opposed to green energy but claims a wind […]

Ice cream firm scoops green energy boost with giant solar farm

Scotland's largest privately-owned solar farm is celebrating its first full year of green energy production, having created enough power to make 3.3 million litres of ice cream. Mackie's of Scotland's solar farm, on the family farm near Westertown, Aberdeenshire, was built by Loch Lomond-based Absolute Solar and Wind and became the first and largest solar […]

British windfarms a boom for Danish firm

Dong, biggest single investor in UK offshore wind, says profits from its renewables overtaking oil and gas receipts Booming profits from British windfarms have more than made up for declining oil and gas revenues at Dong Energy, a state-owned Danish utility which says it is transforming itself from a high to low-carbon power producer. Dong, […]

Wind firm to battle proposed Nova Scotia Power tariffs at UARB hearings

The hearings before the Utility and Review Board will consider the tariffs charged by Nova Scotia Power to the independent producers of wind, solar and other renewable energies as part the province’s “renewable to retail” program. A wind energy company executive in Nova Scotia says he’ll push hard at regulatory hearings to ensure a program […]

Dallas wind developer wins $65 million ruling against Chinese firm

A Dallas wind energy developer suing its Chinese partner over a failed plan to build wind farms across the United States has been awarded $65 million, the developer Tang Energy Group announced Monday. Tang’s founder E. Patrick Jenevein III had demanded $7.5 billion out of the state-owned Aviation Industry Corp. of China, claiming the Chinese […]

Portland firm pitches high-speed aerial tram between Las Vegas and LA

A Portland firm is making a long-shot pitch to build a high-speed suspended tram as a commuter link between Las Vegas and Los Angeles. The project envisioned by Sky Tram International founder Ben Missler calls for a 263-mile Las Vegas to Anaheim route. View full post on Wind Power News

Wind Energy Firm Claims Utilities’ Interference Cost It $800 Million

A wind energy company claims in court that six South Dakota energy co-ops cost it nearly $800 million by refusing to enter into good-faith agreements to buy its electricity, as required by federal law. Prelude, a Wisconsin-based wind company, claims the defendants acted in concert to defame it, interfere with contract, and told landowners not […]