24 Jan
My recommendations for Wind stocks with potential are Vestas (vwdry.pk), AMSC, and APWR
All you solar stock holders can scream and shout and call me an idiot but NANOSOLAR is a complete game changer and my research indicates that all solars are done over time. The current drop is price is a drop in the bucket to what is coming when NANOSOLAR ramps up production. Sell your solars and move onto wind if you like renewables and green energy. Do your own research and do your own DD but my research says “”SELL SOLAR NOW”"”!!!
24 Jan
I am following closely WHO wins this huge contract in Wind Power for 1.3 Billion!!!!!!
The McGuinty government is expected to announce today another $1.3 billion worth of renewable-energy projects, most of it wind, as part of its ongoing effort to “green” up the province’s power mix, the Star has learned.
Energy and Infrastructure Minister George Smitherman and Colin Andersen, chief executive officer of the Ontario Power Authority, will reveal this morning the results of a bidding process that began in October and aims to add at least another 500 megawatts of renewable electricity to the grid.
The power authority received 38 submissions, some of them backed by native groups.
Winners chosen to invest in and develop the projects get a long-term power purchase agreement with the province.
Officials from the energy and infrastructure ministry could not be reached for comment.
Today’s announcement is part of a third round of procurement.
The power authority was directed back in August 2007 to secure 2,000 megawatts of renewable supply, part of the government’s goal of doubling renewable power in the province to 15,700 megawatts by 2025 and bringing on 2,700 megawatts of that by 2010.
Expect more participation from aboriginal groups.
Grand Council Chief John Beaucage, who leads the 42-member First Nations of the Anishinabek Nation, said Ontario native groups have a great deal to offer and nothing to lose by participating in renewable energy projects.
“The opportunity for involvement in energy development hasn’t been more ideal,” he said.
The previous two bidding rounds have resulted in seven wind farms capable of contributing 900 megawatts of power, though some projects remain in development.
Ontario expects to have 1,200 megawatts of wind power capacity in operation this summer.
The newest addition will likely be the 200-megawatt Wolf Island Wind Project near Kingston which, at a cost of $450 million, is expected to generate enough electricity over a year to power the equivalent of 75,000 homes.
24 Jan
I dont think anyone understands HOW BIG Vestas is going to be in wind power before the fat lady sings……….Vestas is the 800# Gorilla in Wind Power.
Vestas grows wind presence in China
January 23, 2009
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Danish wind turbine producer reportedly plans $350M investement in world’s fastest-growing wind market.
Denmark’s Vestas Wind Systems plans to invest $350 million in its Tianjin, China-based subsidiary as it respond to growing demand in China for its turbines, according to reports.
Vesta China has received several large orders for its wind turbines from Chinese companies in recent weeks.
Previous customer China Guangdong Nuclear Wind Power ordered 116 turbines from Vestas. The turbines, expected to produce 100 MW of wind power, are to be delivered in the third quarter of 2009. Its the eighth contract between the two companies, bringing to-date orders to 500 MW.
Vestas also reported sales of 100 MW of turbines in China from two wind power projects in China that the company declined to name. Delivery of the 100 MW of turbines is also expected in the third quarter of 2009.
Through June of 2008, Vestas delivered more than 1,000 turbines to Chinese customers, the company says.
China is a significant market for wind turbine manufacturers. The country had an installed capacity of 5.9 GW at the end of 2007, an increase of 145 percent over the previous year. China is expected to surpass Germany as the leading wind-energy country by the end of 2009 (see China Wind ramps to meet gearbox shortfall).
China’s government estimates that the country has a wind potential of 250 GW onshore and 750 GW offshore.
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