Wind Turbines News
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Gamesa Corp. Tecnologica SA, Spain’s biggest wind turbine maker, said it meets Brazil’s rules for local manufacturing, enabling projects using its machines to get funds from the Banco Nacional de Desarrollo Economico & Social.
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Oncor Electric Delivery Co., Texas’ largest power utility, may not be able to take full advantage of the nation’s fastest-growing electricity market because of capital constraints lingering from its parent’s 2007 leveraged buyout.
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An SSE Plc venture and Fluor Corp. ended a contractual dispute relating to wind-turbine foundations at a North Sea offshore wind farm.
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Prices for wind energy in Brazil, currently the lowest in the world, may rise at least 15 percent due to government policies designed to make the nation’s power grid more reliable.
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Molycorp Inc., the owner of the largest rare-earth deposit outside of China, jumped the most since its July 2010 initial public offering after posting a smaller-than-expected first-quarter loss as volumes rose.
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EDP-Energias de Portugal SA, the country’s biggest utility, said first-quarter profit slipped 1 percent as tax payments increased.
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General Electric Co., the biggest U.S. supplier of wind turbines, expects domestic installations to double next year after the renewal of a tax credit boosts demand.
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NextEra Energy Inc., the largest U.S. wind-power operator, ordered 59 wind turbines from General Electric Co. to expand a project in Michigan.
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Gaelectric Holdings Plc, the Dublin- based developer, is in discussions with infrastructure investors for a 300 million-pound ($466 million) project in Northern Ireland to store surplus energy from wind turbines.
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A unit of Warren Buffett’s MidAmerican Energy Holdings Co. plans to invest $1.9 billion to build additional wind farms in Iowa that would increase its wind generating capacity in the state by about half.
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