GE, Harbin Electric Part Ways in China

Wind Power Monthly

General Electric and China’s Harbin Electric are ending their joint partnership, citing differing strategies and priorities. The venture involved two wind-turbine factories and produced 1.6-megawatt turbines used in Mongolia’s first wind farm. Harbin will take over the partnership’s Zhenjiang factory, while GE will own the Shenyang facility.

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Obama’s Action Plan on Climate Change

White House

Obama’s proposal focuses on reducing the amount of carbon pollution in the country, leading the global effort to fight climate change, and preparing U.S. communities to endure the extreme weather expected to become more frequent in a warming world.

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Renewables To Beat Out Natural Gas By 2016


IEA

Power generation from renewable sources worldwide will exceed that from natural gas and be twice that from nuclear by 2016, making renewables the second-largest source of electricity after coal, according to a new report from the International Energy Agency.

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Financial Innovation for Clean Energy Deployment: Congress Considers Expanding Master Limited Partnerships for Clean Energy

Mintz Levin

Technological innovation is driving renewable energy towards a future where it is cost competitive without subsidies and provides a growing share of America’s energy. But for all the technical progress made by the clean energy industry, financial innovation is not keeping pace: access to low-cost capital continues to be fleeting, and the industry has yet to tap institutional and retail investors through the capital markets. This is why a bipartisan group in Congress has proposed extending master limited partnerships (MLPs), a financial mechanism that has long driven investment in traditional energy projects, to the clean energy industry.

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Shanghai Electric-Siemens Joint Venture Eyes 30% of Offshore Wind Market by 2015


Shanghai Daily

Shanghai Electric has set up two wind equipment joint ventures with Siemens. Siemens has brought key turbine prototypes to these ventures, enabling Shanghai Electric to better compete with rivals. China has to date approved 3.95 gigawatts of offshore wind farms.

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AWEA Releases Report On Wind Farm O&M Practices

North American Windpower

The report, a product of AWEA’s Operation and Maintenance working group, was compiled with input from wind project operators, engineers, technicians and designers and focuses on eight areas: gearboxes; generators; rotors and blades; towers; data collection and reporting; balance of plant; end-of-warranty; and condition-based maintenance.

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Siemens Will Shut Solar Unit on $1 Billion Loss in Two Years

Bloomberg

Siemens paid $418 million to acquire Beit Shemesh, Israel-based Solel Solar Systems in 2009 as the company sought to replicate Siemens’ successful expansion into wind-power and win more revenue from its so-called green portfolio.

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Global Wind Day Calls On Leaders To End Fossil Fuel Subsidies

North American Windpower

The level of subsidies to fossil fuels has gone up by nearly 30% to $620 billion since 2010 and today fossil fuels receive six times more subsidies than does renewable energy.

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Ontario Announces The End Of The FIT For Large-Scale Renewable Projects

Davis LLP

Ontario’s Minister of Energy, Bob Chiarelli, used the occasion of the annual conference of the Canadian Solar Energy Industry Association (CanSIA) to announce that he was canceling feed-in tariffs for large projects.

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Renewable Energy and Resource Development Can Complement Each Other

Canadian Clean

The global mining industry will meet with renewable energy developers, suppliers and investors this September 25-26 at the Renewable Energy and Mining Summit which creates a much-needed platform for these two sectors to network and discuss the opportunities for powering mines with renewable energy.

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