Onshore, Project Development, Solar, Wind Power

Briefly Noted … Wind Energy

– The first windfarm in the northern Spanish region of Asturias , with an installed capacity of 24.4 MW, will use technology from MADE Tecnologias Renovables. MADE has incorporated its Geswind system for internet-based management and control of windfarms, which reportedly makes Pico Gallo Spain’s most technologically advanced wind facility. – Philippine National Oil Co-Energy Development Corp will borrow 2.9 billion pesos from the Japan Bank for International Co-operation to fund the first 40 MW windfarm in the northern Philippines. PNOC-EDC expects the loan to be approved in January, which would signify commitment from the Japanese government to extend most of the financing towards the total project cost of US$55 million. – Green Mountain Energy Co is conducting a wind study in Ohio to determine the feasibility of generating electricity with turbines. Testing towers will be erected before the end of this year, to measure speed and direction for one year. The Texas electricity supplier plans to install a 25 kW solar array later this year at Lake Farmpark in Kirtland, 25 miles east of Cleveland. – Part of the Edison company in the United States wants to develop up to 200 MW of onshore wind capacity in Britain as part of its pan-European renewable energy strategy. William Heller, head of Edison Mission Energy, told Reuters that his company is working with small companies on wind projects in Wales. It has a permit for a 90 MW offshore wind project in north Wales, which was awarded in April by the Crown Estate. He expects approval to build the US$130 million facility by June, with commissioning by late 2004. Eighteen companies were given site approval at that time, for 13 offshore projects to generate between 1,000 and 1,500 MW. Heller is quoted as saying that planning approval from local authorities is a big problem for wind developers, despite the government’s target to boost the use of renewable energy. – Spanish wind conglomerate, Grupo Auxiliar Metalurgico SA, has obtained financing of 10 billion pesetas for the construction and operation of two windfarms that will install 98 turbines with capacity of 65 MW. Barclays Bank has joined Instituto de Credito Oficial, Caixa Catalunya and Ibercaja in backing the project. – Work on its first windfarm by the Franco-Belgian oil group, TotalFinaElf, has been delayed due to an explosion at its AZF factory in Toulouse on September 21. The company was to start work on the windfarm near its refinery in Dunkerque last month, but authorities have asked for more detailed impact studies and have postponed giving approval. – German wind energy company, Plambeck Neue Energien AG, expects to achieve revenue in excess of 200 million euros and a pre-tax profit of 20 million euros this year. After nine months, the company was showing pre-tax profit of 8.18 million euros.