Archive for November 11th, 2009

Regardless of your political opinions, the world is going to be watching very closely as President Obama visits China and talks global climate changes. The Obama group and the Chinese have been talking behind the scenes so this whole photo op has already been scripted and debated and agreed on before hand and there will be no surprises except to those that have no clue of where this new global plan is headed.

China and USA must sign a new plan and become leaders in green energy for the worlds future or else we can just bend over and kiss our polluted behinds goodbye. The Obama team has ”partnered” with the Chinese and everyone in world is going to be surprised on this new global green energy partnership about to be unveiled and released by the Chinese with the USA president on China soil. Letting the Chinese announce this new initiative is one of the smartest and shrewdest political ideas ever an it takes a very smart team like the Obama Global Green Energy team to come up with this plan and idea.

China will announce new PPM for Carbon Dioxide and announce a brand new global initiative and push for wind and solar unprecedented in the history of mankind. China must build 284,000 new wind turbines by 2030 just to meet Chinas’ new numbers for minimum renewable energy targtets. China will also drop the current 70% Wind Power protectionism rules that prohibit foreign wind companies like GE and Vestas and Gamesa and Suzlon from fully going after the massive China wind power market. By dropping this 70% wind protectionism clause, China will open its borders to a multitude of foreign wind companies but GE and Vestas will be the main beneficiaries of this new policy. Jobs in Europe and USA will be created by this new open borders policy President Obama has worked long and hard for.

China will get its FIRST EVER Wind Turbine farm inside Texas and China banks will finance this new exported China wind turbine farm to USA. China will have open borders for rest of world and the main Wind Players in China….. Sinovel, Goldwind, and Dongfang will all prosper as China exports wind turbines to Asia and Africa and the USA. APWR , USREG, CIELO , and the Shenyang Power Alliance will announce this tradeoff allowing China Wind turbines inside USA and Texas.

The market for WIND POWER for 2030 is around 26 TRILLION globally and so as you can see, its a wide open wild west forming around the rush to push to China and build green. This meeting Nov 15th will announce all the new numbers and estimates going forward. When China does something, they do it very large and China motivated to clean up its air is going to be the driving force for the next 20 years time frame. More wind power will come online in the next 3 years inside China than the entire world added together!!! APWR , AMSC , and Vestas are going to be the main beneficiaries of this new Global Wind Treaty.

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  • With President Obama 3 days away from China, the world is watching closely as the USA moves into the global spotlight, the USA must sieze the moment and opportunity and Pres Obama MUST get the Chinese to actually open their borders to foreign wind turbine makers.

    The IEA report basically says 26 TRILLION must be spent to ensure a 450ppm carbon dioxide levels by 2030 and with the 26 page IEA report saying China and India to provide 93% of the demand, getting China and India on board this cleaner mother earth plan is mandatory.

    The world will be watching and I am hoping for some global changes unprecedented or unexpected by the rest of the stodgy doomsdayers for carbon capture and renewable energy including wind power and my wind picks, AMSC, APWR, and Vestas.

    11 November 2009 – Secretary-General Ban Ki-moon has urged the United States to take a leading role in forging a new international pact to combat global warming, warning that the consequences of failure outweigh the cost of tackling climate change.
    “No country is more important than the United States in resolving this climate change issue,” Mr. Ban told reporters in Washington D.C. yesterday after meeting with congressional leaders ahead of the United Nations climate change conference in Copenhagen next month.

    “All eyes of the world are looking to the United States and to this august body, the US Senate,” he said at the media briefing, flanked by US Senators John Kerry, Richard Lugar and Joe Lieberman.

    Highlighting that in less than a month world leaders are slated to gather in Copenhagen, Mr. Ban said they must conclude “a robust, global agreement that can serve as a foundation for a climate treaty.”

    In Copenhagen, governments are expected to negotiate a successor to the Kyoto Protocol, the 1997 pact – part of a larger UN climate change treaty – which has strong, legally binding measures committing 37 industrialized States to cutting emissions by an average of 5 per cent against 1990 levels over the period from 2008 to 2012.

    “From what I heard today, there is great support in the Senate for action on climate change,” said Mr. Ban. “But for some, there are lingering doubts about whether we can afford to take action during this hard economic crisis.”

    Acknowledging that there is a price to pay in battling climate change, Mr. Ban stressed that the costs are insignificant compared with the cost of not taking action.

    “Inaction will mean a weakened economic recovery, a loss of global competitiveness, increased global instability and further human suffering,” said Mr. Ban. “A global agreement on the other hand will unleash investments that will do more than any single other action could do to jumpstart and sustain global economic recovery.”

    do to jumpstart and sustain global economic recovery.”

    Mr. Ban voiced appreciation for the US Government, particularly President Barack Obama, in showing their initiative, leadership and commitment in addressing a climate change bill, as well as for Mr. Obama signaling a willingness to participate in Copenhagen.

    “Copenhagen offers us all an unprecedented opportunity. We must use our time

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  • my long buddy Jan814_1999 wrote this beautiful summary of where we going END of 2010

    The year 2010 should be APWRs finest to date. It will establish APWR as one of China’s most exciting corporate entities.
    First, I use a 20% DPG revenue growth and a DPG net margin of 11%. For turbines, I projected the sale of 250 of the 2.7mw units (130 to Texas) and 100 each of the 1.5mw and the .750mw units. The sale price of the three are $4 million, $1.5 million and .5 million respectively. (I should note here that the Texas turbine sale price will be around $5 million each, but I suspect that those turbines have a very expensive shipping cost built in and thus I estimate that the last $1 million will not contribute anything to net margin). The net margin for the turbines is 8%. I included no revenue from the gearbox plant, the Shenyang Power Group, Evatech, the JV agreements on components, or from the two China wind farm contracts other than the sale of turbines to those two farms (20 turbines will go to one wind farm and 8 to the other farm).. I did not consider revenue from these sources despite the fact that we know there will be revenue from the two China wind farms (above the turbine revenue) and there quite probably will be revenue from the JV with GE. There will of course be a bunch of revenue from the SPG from both the Macau project and the Texas wind farm project. Do not forget that APWR will realize the full revenue and income from the turbine sales to Texas. None of that will go to the SPG. Both APWR and the SPG will then realize additional money flow from both the administration of the Texas wind farm contract and from the operation of the wind farm itself.

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  • Wind Power Receives Bulk of $500M Federal Funding
    SustainableBusiness.com News

    Treasury Secretary Tim Geithner and Energy Secretary Steven Chu Tuesday announced $502 million in cash assistance to energy production companies in place of earned tax credits.

    This first round of funding unding the Recovery Act is primarily designated for wind projects, though additional awards are expected in the next few weeks.

    The new funding creates additional upfront capital, enabling companies to create jobs and begin construction that may have been stalled until now due to the ongoing economic recession.

    Created under Section 1603 of the Recovery Act, the program is expected to provide more than $3 billion in financial support for clean energy projects by providing direct payments in lieu of tax credits. However, the program is not capped to a specific level.

    “These grants will help America’s businesses launch clean energy projects, putting Americans back to work in good construction and manufacturing jobs,” Secretary Chu said. “The initiative will help double our renewable energy capacity over the next few years and make sure America leads the world in creating the clean energy economy of the future.”

    These payments will support an estimated 5,000 bio-mass, solar, wind, and other types of renewable energy production facilities in all regions of the country over the life of the program. As a result of this first round of funding, more than 2,000 Americans will have access to jobs in the renewable energy industry–both in construction and in manufacturing–DOE said.

    The following 12 projects represent a combined capacity of 840 megawatts:

    Movement Gym PV System (Solar), Boulder, CO $157,809
    Solaire Development, LLC, Danbury, CT $2,578,717.00
    Evergreen Wind Power V, LLC, Danforth, ME $40,441,471
    Moraine II Wind Farm, Woodstock, MN $28,019,520
    Canadaigua Power Partners, LLC (Wind), Cohocton, NY $52,352,334
    Canadaigua Power Partners II, LLC (Wind), Cohocton, NY $22,296,494
    Wheat Field Wind Farm, Arlington, OR $47,717,155.00
    Hay Canyon Wind Farm, Moro, OR $47,092,555
    Pebble Springs Wind Farm, Arlington, OR $46,543,219
    Highland Wind Farm, Salix, PA $42,204,562
    Locust Ridge II, LLC (Wind), Shenandoah, PA $59,162,064
    Penascal Wind Farm, Sarita, TX $114,071,646
    In Related News…

    Iberdrola Renewables Inc (IBR.MC) said it received approval for nearly $300 million in federal stimulus funds to support wind farms in four U.S. states. The company expects to hear about three additional grant applications by the end of the month.

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