16 Oct
WIND is bringing new , clean green jobs to USA!!!
Little Rock, Arkansas: Polymarin Composites and Wind Water Technologies (WWT) announced October 8 that it will invest $20 million to transform the former Levi Building into a combined wind turbine blade and nacelle manufacturing facility, creating 830 new jobs with an average wage of $15/hour. General Wesley Clark is a principal of WWT’s parent company, EWT.
Muncie, Indiana: Brevini USA, the U.S. subsidiary of an Italian wind turbine manufacturer announced this week plans for a new facility to make gearboxes. Brevini will invest more than $60 million to retrofit an existing 60,000-square-foot building and add 150,000 square-feet of manufacturing space at the site in 2010. The facility will create about 450 permanent local jobs with annual pay averaging more than $46,000.
Faribault, Minnesota: Moventas, a Finland-based gearbox manufacturer, will build a 75,000-square-foot North American assembly and distribution facility using the Faribault-based Met-Con construction company. The plant, announced by Moventas in September, is set to open in October 2009 with 90 workers. Employment is expected to swell to 335 by adding 30 employees each year through 2023.
Newton, Iowa: TPI Composites opened its 316,000-square-foot wind turbine blade manufacturing facility in September. The newly-built plant replaces a former Maytag facility that was closed in 2006, causing huge job losses in Newton. At full capacity, TPI Iowa plans to employ 500 Iowans.
16 Oct
wishing TBP would have talked about WIND more than he and Cramer talked about Natural Gas. TBP could have gone into detail about his plans for Wind in Texas. Opportunity wasted imho!
16 Oct
London Array is planned to have 341 turbines with an installed capacity of over 1 gigawatt and it will generate enough electricity to power a quarter of London’s homes. Located about 20 miles off the coast of Essex, in the middle of the Thames estuary, it will be the world’s largest offshore wind project
16 Oct
The pattern of wind power’s tax credit dependency is clear: In 1999, with the PTC in place, 575 megawatts worth of wind power was added to the nation’s grid. The credit was allowed to expire in 2000, and just 43 megawatts worth of wind projects were built. The credits were restored in 2001, and 1,696 megawatts of wind capacity went online, followed by just 410 megawatts of new wind power in 2002, when the credits were allowed to expire. The credits have remained in place since 2005, leading to the addition of 2,431 wind-generated megawatts that year, 2,454 in 2006 and 5,244 last year
16 Oct
GE Wind, a division of the sprawling conglomerate General Electric, has established itself as a U.S. giant in the industry. “GE is often so brilliant at picking up assets of distressed companies,” notes Pernick, the analyst with Clean Edge. GE’s wind assets were previously owned by Enron, and were acquired on the cheap by GE after the disgraced energy firm’s collapse. Now, on a unit-sale basis, GE is the most prolific manufacturer of wind turbines for the U.S. market, according to AWEA. Of the 3,200 wind turbines installed in the U.S. in 2007, 1,560 were made by GE, the association reports. But the four firms trailing GE are all based in Europe or Asia: Vestas with 537, Siemens with 375, Mitsubishi with 356 and Gamesa with 287. The United States has about 17,000 MW of installed wind generating capacity, or enough to power about 4.5 million U.S. homes
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