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[ New York ]

IDA speeds up Galloo wind farm deal

Posted by: Lisa on October 02, 2009 4:41:13 PM
To meet a developer's request for speed, the Jefferson County Industrial Development Agency will begin laying out a property tax relief program for the proposed Galloo Island Wind Farm. While the payment-in-lieu-of-taxes agreement will follow the formula developed for a uniform tax-exempt policy, JCIDA will not seek approval of the uniform policy now. That would require all affected taxing jurisdictions from the four proposed wind projects to sign on, which officials believe would take too long.
Note : http://www.watertowndailytimes.com/article/20091002/NEWS03/310029964
Read More (638  words )
[ Montana ]

MATL stimulus negotiations in works

Posted by: Lisa on July 01, 2009 11:55:24 AM
A Canadian energy company and an arm of the U.S. Energy Department are working on a deal to complete financing for a proposed Montana-Alberta power line that would span 214 miles and carry power from the region's emerging wind industry, officials said Tuesday.
Note : http://www.greatfallstribune.com/article/20090701/NEWS01/907010313/-1/NEWSFRONT2/MATL-stimulus-negotiations-in-works
Read More (407  words )
[ Germany ]

Germany's $143 billion wind farms jeopardized by tight funding

Posted by: Lisa on June 02, 2009 10:02:31 PM
As much as 100 billion euros ($143 billion) in planned investments in German offshore wind farms are at risk as developers struggle to get funding, jeopardizing the deepest emissions cuts in the European Union. Bochum's municipal utility expects its first wind park to be delayed by up to two years, Managing Director Bernd Wilmert said. HEAG Suedhessische Energie AG, a regional energy supplier known as HSE, had to go to twice as many banks as it would have needed last year to finance a 1.3 billion-euro North Sea wind farm, Chief Executive Officer Albert Filbert said.
Note : http://www.bloomberg.com/apps/news?pid=20601102&sid=aYoYkIa1Di38&refer=uk
Read More (781  words )
[ Virginia ]

Supervisors ask for $1.5 million in stimulus money to pay for wind energy consultants

Posted by: Lisa on March 05, 2009 11:19:41 AM
Highland County supervisors agreed Tuesday they could use some help getting the proposed industrial wind energy utility here off the ground ...Toward that end, supervisor David Blanchard suggested the county ask for $1.5 million in stimulus package money to pay for consultants who could assist. The 39-megawatt facility planned by Highland New Wind Development LLC has state and local permits to build and operate the plant, but there are strict conditions attached to each.
Note : http://www.therecorderonline.com/news/2009/0305/news/028.html
Read More (2584  words )
[ New Hampshire ]

Attorney questions wind farm financing

Posted by: Lisa on February 25, 2009 6:40:18 PM
After a week that smoothed the path for a proposed Coos County wind farm, a state attorney is asking for closer scrutiny of its financing. Peter Roth, a senior assistant attorney general, has asked the state Site Evaluation Committee to suspend hearings to license the construction of 33 wind turbines along forested ridgelines. He said Granite Reliable Power has not shown it can pay for the $275 million project, a claim rebutted by an attorney for the company.
Note : http://www.concordmonitor.com/apps/pbcs.dll/article?AID=/20090225/FRONTPAGE/902250301
Read More (444  words )
[ Minnesota ]

Making Juhl the little wind farm that could

Posted by: Lisa on February 21, 2009 9:44:11 AM
The wind-energy boom has been seeded by federal and state tax credits that generally are most beneficial for wealthy investors, partnerships and corporations who might have unrelated income to offset. The federal stimulus bill appears to allow the tax benefits to be claimed by such a taxable pool, increasing profits and dividends to a lot of smaller owners, said Lee Schafer, director of investment banking at Northland.
Note : http://www.startribune.com/business/40007947.html?elr=KArksUUUycaEacyU
Read More (303  words )
[ Impact on Economy | New York ]

Naples to get $860K in wind farm deal

Posted by: Lisa on February 14, 2009 1:19:11 PM
The Naples School Board voted last week to accept an agreement with First Wind that would give the district higher payments on any windmills the company may build within the district boundaries. ...At this point, Macaluso said First Wind has put the project on hold because of finance troubles.
Note : http://www.mpnnow.com/news/x679400973/Naples-to-get-860K-in-wind-farm-deal
Read More (249  words )
[ Impact on Economy | California ]

California study shows high cost of renewable power

Posted by: Lisa on November 07, 2008 12:59:29 PM
If California expands its renewable power generation to be a third of electricity delivered in the state by 2020, it may cost $60 billion, the state's utility regulator said in a report issued on Thursday. It is more costly to make electricity with renewable power -- solar, wind, geothermal and other sources that emit no or low amounts of global-warming greenhouse gases -- than with natural gas, nuclear and coal power plants. ...On Tuesday, California voters overwhelmingly -- 65 percent of the vote -- rejected a statewide ballot measure that would have required 50 percent of power to be generated from renewables by 2025.
Note : http://www.individual.com/story.php?story=91447967
Read More (513  words )
[ Europe ]

Spain probes wind, solar power subsidy claims

Posted by: Lisa on October 27, 2008 3:55:25 PM
An Industry Ministry official said the energy watchdog would check how many wind and solar power plants were installed in time to receive full subsidies before official aid was cut. "There are some signs that there may be fraud in the installation and functioning of wind and solar parks," the official, who asked not to be named, told Reuters.
Note : http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLR30772520081027?rpc=401&
Read More (503  words )
[ Texas ]

Wind-tower builder asking DCOA for more money

Posted by: Lisa on October 26, 2008 10:32:46 PM
Higher than expected construction costs has a wind-tower manufacturing company asking for more money -- $700,000, to be exact -- from the city of Abilene's economic development arm. According to Development Corporation of Abilene records, Tower Tech Systems, Inc., now estimate construction and equipment costs will reach $27 million, or about $7 million more as was estimated in DCOA's original assistance package.
Note : http://www.reporternews.com/news/2008/oct/26/wind-tower-builder-asking-dcoa-for-more-money/
Read More (428  words )
[ Missouri ]

Clerk: don't give away the (wind) farm

Posted by: Lisa on September 25, 2008 11:06:56 PM
Officials in Sullivan County agree a wind farm would be a positive addition, but they don't agree on how much they should do to accommodate the company that would bring it there. The county commission wants to create an enhanced enterprise zone to give Tradewind Energy the tax incentives they say they need. County Clerk Mike Hepler and Assessor Karen LaFever say the enhanced enterprise zone would leave the county short changed. "To sell out too cheap is not representing the public interest, it's representing the private interest. I was elected to represent the public interest," Hepler says.
Note : http://www.ktvotv3.com/news/news_story.aspx?id=197768
Read More (527  words )
[ New York ]

Local law will allow tax on alternative energy systems

Posted by: Lisa on September 25, 2008 7:09:18 PM
Cattaraugus County has retained its ability to tax alternative energy systems - including wind farms, solar energy systems and on-farm methane digesters - with a 16-2 vote for passage of a local law Tuesday. The law applies to facilities within the county, including as many as four potential wind farm projects under consideration, and effectively disarms a state tax code provision exempting these energy sources from taxes. ...The vote came after residents and elected officials from the towns of Freedom, Machias and Farmersville stated their opposition in a 45-minute public hearing. Most said they were told the IDA's payment-in-lieu-of- taxes (PILOT) agreements will unfairly take a share of the wind farms' monetary payments.
Note : http://www.buffalonews.com/cityregion/otherwny/story/446761.html
Read More (506  words )
[ Texas ]

Tuscola man drops wind farm lawsuit, says he plans to refile

Posted by: Lisa on August 01, 2008 8:18:25 AM
A lawsuit brought against the Taylor County Commissioners Court in April for granting what the plaintiff claims are illegal tax abatements to wind farms in the county was dropped Thursday with little fanfare. Tuscola resident Dale Rankin, an opponent of wind energy, filed the lawsuit in April alleging that wind energy equipment is not eligible for tax abatements under the state tax code. Rankin said he decided to "nonsuit," or essentially drop, the lawsuit because of what he called "procedural issues." However, he said he plans to refile the lawsuit.
Note : http://reporternews.com/news/2008/jul/31/tuscola-man-drops-wind-farm-lawsuit-says-he-to/?partner=yahoo_headlines
Read More (460  words )
[ Pennsylvania ]

State money major factor in windmill plan in Green Tree

Posted by: Lisa on July 30, 2008 11:05:07 PM
The borough has applied for two Department of Environmental Protection grants, each for $168,000, to fund a proposed $173,000 windmill and solar electric system. The borough would pay $5,000 toward the overall cost. Borough Manager Dave Montz said if one or both grants are awarded, the total amount will not exceed $168,000. Council President Mark Sampogna said, however, he is unsure if council will approve the project, even if funding is secured. The height of proposed installation, 100-feet to 120-feet, could have a negative impact on the appearance of the park, he said.
Note : http://www.post-gazette.com/pg/08213/900636-55.stm?cmpid=localstate.xml
Read More (443  words )
[ Illinois ]

Umholtz shows his opposition to wind farm

Posted by: Lisa on July 15, 2008 7:37:05 PM
Tazewell County State's Attorney Stewart Umholtz is threatening legal action against the county itself if it ignores his advice and expands an enterprise zone to include a proposed wind farm. Umholtz sent a letter Tuesday to County Board members, saying he opposes expanding the zone to include the Rail Splitter Wind Farm near the Tazewell and Logan county line, saying it would violate state statute. "Let me make myself perfectly clear," Umholtz said in the letter. "The proposed expansion of the enterprise zone does not meet the statutory requirements and should not be approved by the County Board."
Note : http://www.pjstar.com/news/x2109420490/Umholtz-shows-his-opposition-to-wind-farm
Read More (453  words )
[ Florida ]

FPL asks state to keep audit of green energy program secret

Posted by: Lisa on June 06, 2008 6:42:22 AM
The commission's probe of the program began in September when it asked FPL for documents and explanations of how it has spent about $10 million collected from the program's 38,000 subscribers. Again and again, FPL filed requests to keep its records confidential, saying they contain "proprietary business information" and "contractual vendor data." But FPL records not under seal show that out-of-state renewable energy companies benefited more from the Sunshine Energy Program than did Florida companies. "I think it's disappointing for FPL customers who fully expected and assumed they were putting their hard-earned money into developing renewable energy in Florida," said Holly Binns, field director of the nonprofit environmental group Environment Florida. "This is one example of why voluntary green energy programs aren't sufficient to develop a renewable energy economy here."
Note : http://www.palmbeachpost.com/localnews/content/local_news/epaper/2008/06/05/0606fpl_audit.html
Read More (882  words )
[ New York ]

Schools go to court over windfarm deal

Posted by: Lisa on May 18, 2008 5:39:57 AM
A disagreement over the terms of a tax deal for a windfarm development in Prattsburgh will apparently have to be settled in court. The Steuben County Industrial Development Agency refused to change the terms of a payment-in-lieu-of-taxes agreement Thursday for a 36-turbine project by First Wind, formerly known as UPC. Attorneys for the Prattsburgh and Naples school districts requested a renegotiation, claiming the company should be paying hundreds of thousands of dollars more in taxes. The tax agreement involves First Wind paying a fixed amount to the school districts, the town of Prattsburgh and the county over a 20-year period.
Note : http://www.mpnnow.com/news/x1191422803/Schools-go-to-court-over-windfarm-deal
Read More (301  words )
[ New York ]

SCIDA refuses to alter windfarm agreement

Posted by: Lisa on May 16, 2008 3:16:18 PM
A disagreement over the terms of a tax deal for a windfarm development in Prattsburgh will apparently have to be settled in court. The Steuben County Industrial Development Agency refused to change the terms of a payment-in-lieu-of-taxes agreement Thursday for a 36-turbine project by First Wind, formerly known as UPC. Attorneys for the Prattsburgh and Naples school districts requested a renegotiation claiming the company should be paying hundreds of thousands of dollars more in taxes. ...The Prattsburgh school district is being shorted about $1 million, school attorneys claim.
Note : http://www.the-leader.com/homepage/x165092742
Read More (341  words )
[ New York ]

Wind farms sprout in western New York

Posted by: Lisa on May 03, 2008 10:51:34 PM
Aside from Wyoming County, there are 62 other wind energy projects proposed across the state, according to the New York Independent System Operator. They include plans by Massachusetts-based First Wind (UPC Wind) for two projects in Ontario County and one in Genesee County; a 120-megawatt wind farm in Orleans County by Airtricity Inc. of Ireland; and a 75-megawatt wind farm in Genesee County by Tonawanda Creek Wind LLC. ...Fanning all this wind farm activity is the federal government's renewable energy production tax credit of about 2 cents per kilowatt-hour, said Thomas Drennen, a professor of economics and environmental studies at Hobart and William Smith Colleges in Geneva.
Note : http://www.democratandchronicle.com/apps/pbcs.dll/article?AID=/20080504/BUSINESS/805040307
Read More (868  words )
[ Germany ]

Germany falls behind in wind turbine installations

Posted by: Lisa on April 22, 2008 6:46:22 AM
Germany was replaced by the United States as the world's No.1 market for newly installed wind turbines last year due to falling subsidies, the German wind energy federation BWE said on Tuesday. While new installation of wind turbines worldwide rose about 31 percent overall to 20,076 megawatt (MW), new installations in Germany slumped 25 percent to 1,667 MW last year, the association said in a statement.
Note : http://www.reuters.com/article/marketsNews/idUSL2234115920080422
Read More (269  words )

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