Wind Energy News
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Updated 12 minutes ago
Vontobel Asset Management, a unit of Swiss bank Vontobel Holding AG, is putting money into smart power grids and efficient electric motors as its traditional solar and wind-energy investments are hurt by surplus supply.
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Updated 2 hours, 38 minutes ago
BASF SE, the world’s biggest chemical maker, is considering opening an investment office in Beijing or Shanghai in the medium term as China begins to spawn its own technology startups.
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Updated 32 minutes ago
Warren Buffett’s MidAmerican Energy Holdings Co. is planning a second round of bonds to finance its $2.4 billion Topaz Solar Farm in California after investors sought more of the debt than was offered in the first public issuance for a U.S. photovoltaic power project.
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The following is the text of the Federal Reserve Board’s Ninth District-- Minneapolis.
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Spanish wind farms produced a record amount of power in February, covering 22 percent of the nation’s electricity demand, the industry lobby said.
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Kenya Electricity Generating Co., the East African nation’s biggest power producer, said it will seek “concessionary funding” for the $745 million needed to drill 209 geothermal wells over the next four years.
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Xinjiang Goldwind Science & Technology Co., China’s second-biggest wind-turbine maker, said 2011 profit slumped 74 percent as domestic installations declined and foreign competition forced down prices.
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CPFL Energias Renovaveis SA, the renewable-energy venture of CPFL Energia SA and ERSA-Energias Renovaveis SA, will buy four wind farms in Brazil as it seeks to more than double its renewable energy generation.
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General Electric Co., the biggest U.S. maker of wind turbines, is turning to a Texas jury this week to damp competition from Mitsubishi Heavy Industries Ltd.
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BASF SE, the world’s largest chemicals maker, predicted it will extend its run of record profits and sales to a third year after emerging markets in Asia helped sales beat analysts’ estimates.
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