Wind Power

News tagged with Wind Power on Mining Top News

Pacific Gas & Electric Buying More Wind Energy

July 2nd, 2008
Pacific Gas & Electric Buying More Wind Energy

Pacific Gas and Electric Co. signed a long-term agreement to purchase wind energy from the Arlington Wind Power Project LLC, a subsidiary of Horizon Wind Energy LLC. Horizon will deliver 240 gigawatt hours of renewable wind energy annually to PG&E customers in northern and central California.
The Rattlesnake Road Wind Power Project is currently under construction [...]

Duke Buying Renewable Energy Company Catamount

June 27th, 2008
Duke Buying Renewable Energy Company Catamount

Duke Energy Corp. will buy privately held Catamount Energy Corp. for $240 million, plus assumed debt, to bolster its wind energy generation capability.
Duke bought the Rutland, Vt.-based renewable energy company from private-equity firm Diamond Castle Holdings LLC.
Catamount currently operates facilities providing 300 megawatts of renewable energy.
In May 2007, Duke bought Austin, Texas-based Tierra Energy, which [...]

IEA Sees $45 Trillion Investment for World Energy

June 7th, 2008
IEA Sees $45 Trillion Investment for World Energy

The world needs to invest $45 trillion in energy in coming decades, build some 1,400 nuclear power plants and vastly expand wind power in order to halve greenhouse gas emissions by 2050, according to the International Energy Agency.
The IEA envisions an “energy revolution” that would greatly reduce the world’s dependence on fossil fuels while maintaining [...]

Spanish Iberdrola to invest $8B in US renewable energy

May 19th, 2008
Spanish Iberdrola to invest $8B in US renewable energy

Spanish power company Iberdrola SA said Sunday it plans to invest $8 billion in renewable energy in the U.S. between 2008 and 2010.
The company said in a news release it wants to have a 15 percent share of the wind power market in the U.S. by 2010.
Iberdrola added it had a wind power production capacity [...]

Pickens Puts Billions into Wind Power

May 16th, 2008
Pickens Puts Billions into Wind Power

Mesa Power, a renewable energy company founded by billionaire Texas oilman T. Boone Pickens, placed an order for 667 wind turbines from General Electric Co. as part of a $2 billion startup of what is slated to become the world’s largest wind farm.
“You find an oilfield, it peaks and starts declining, and you’ve got to [...]