Vestas

Despite Setbacks, DOE Loan Guarantee Program Alive And Well

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Despite the fact that the DOE has told SolarCity it will not be able to close a planned September 30 loan guarantee, blaming increased paperwork from the Congressional investigation into the Solyndra scandal, the DOE Loan Program is moving ahead with wind development guarantees, claiming they will revitalize the economy.

The most recent investment includes a $168.9 million partial loan guarantee to Granite Reliable Power for a 99 MW wind farm in Coos Country, New Hampshire. The project will add 200 jobs to the economy, the DOE statement claimed. Keep reading →

 /  Published September 27, 2011 at 11:59 AM

European Wind Sector Set For Growth

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There may be fewer players in the European wind sector in a few years, but it won’t be because the continent’s industry has shrunk.

With order volumes on the rise and the industry’s cumulative backlog reaching new highs, investment firm Jefferies & Co. said in its most recent wind industry outlook for Europe. Vestas and Siemens lead the pack in the sector. Keep reading →

 /  Published August 3, 2011 at 6:00 AM
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