Despite a political firestorm resulting in a dark cloud being cast over the federal government's backing of renewable energy projects in the aftermath of the fall of now bankrupt Solyndra, Inc. and Beacon Power, once high-flying cleantech companies that received federal loan guarantees, Washington is still moving ahead with plans to develop renewables—particularly, offshore wind power.
Siemens AG (NYSE: SI) said this week its U.S. division Siemens Energy will supply power equipment and long-term service to PacifiCorp’s proposed 637-megawatt (MW) Lake Side 2 combined-cycle gas-fired power plant at Vineyard, Utah, 30 miles south of Salt Lake City. Financial terms of the deal were not disclosed.
The Hawaii Public Utilities Commission said June 15 it had approved a 20-year contract for Maui Electric Company to purchase 21 megawatts (MW) of wind power from Sempra Generation’s Auwahi Wind project on the Ulupalakua Ranch in southeastern Maui. The approval also included a determination that Maui Electric could build an above-ground transmission connection to its main local grid line.
Siemens Energy (NYSE: SI) is preparing to install the largest offshore wind turbine it has ever engineered in the waters off the coast of Denmark.
A consortium of Siemens Energy, a division of German-based Siemens AG (NYSE: SI), and Prysmian Cables & Systems, a division of Italy-based Prysmian SpA (Milan: PRY.MI), has won a $400 million turnkey contract to design, supply and install a HVDC (high-voltage direct-current) link to connect the power supply networks of New Jersey and New York, the companies announced today. Construction has begun and the link is scheduled to come on line in the summer of 2013.
Siemens AG (NYSE: SI) said today it is shipping 22 wind turbine nacelles and hubs manufactured at its Hutchinson, Kansas, plant to a Puget Sound Energy (PSE) wind farm in Washington state by rail -- which will reduce the carbon footprint of the transport by 80% compared with shipping the huge 87-metric-ton components by truck.
Danish power company DONG Energy says it will sell 50% of its Anholt offshore wind farm -- now under construction 13 miles off the northeastern coast of the Jutland Peninsula -- for DKK6 billion ($1.13 billion) to pension fund investors PensionDanmark (30%) and PKA (20%). With a capacity of 400 megawatts (MW), Anholt will be the largest wind farm offshore Denmark when completed in late 2013.