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.
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.
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.
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.
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.