Last month, wind turbine blade manufacturer TPI Composites officially opened its doors in Newton, promising 500 new jobs. Now an incentive plan by the city council hopes to add another 300 jobs. The problem, some former Maytag employees say, is that the county and state are paying for most of the cost of constructing the plant. They're worried that like Maytag, TPI could take the money and pull out of Newton. "I just hope they can live up to their agreements and continue to manufacture blades here in the community," said Maytag retiree Lonnie White.

The instability of the financial markets had caused Noble Environmental Power to "scale back its development plans for 2009" and "(cut) back its workforce." Immediately, construction of a 14-turbine windpark planned for the town of Bellmont will be suspended until July or August of 2009, Bellmont Town Supervisor Bruce Russell said Friday. ...To date, the company has laid foundation for the town's 14 turbines and installed wiring, he said.

Renewable energy projects, which can cost hundreds of millions of dollars to construct, are singularly dependent on a small cadre of institutional investors to put up money in return for tax credits and early electricity generation revenue. And many of the biggest backers of renewable projects are on shaky ground or have disappeared altogether, saddled by bad bets in the housing and consumer credit markets. Among them: bankrupt Wall Street giant Lehman Brothers Holdings.

A proposed 120-metre wind turbine would knock 50 per cent off the value of thousands of nearby homes, an action group claims. Save Our Skyline (SOS) was formed in response to a planned turbine taller than Wakefield Cathedral at Coca Cola's warehouse at Wakefield 41 Industrial Park. SOS claims 3,800 homes within a mile radius would see 54 per cent knocked of their value by the turbine. The information comes from a recent study by the Royal Institute of Chartered Surveyors.

Goldman Sachs on Tuesday slapped sell ratings on the two largest publicly traded U.S. solar power firms, with the broker flagging the possibility of oversupply as overseas subsidies dry up in the face of the global economic meltdown. Goldman analyst Michael Molnar forecast "strong headwinds for valuation" as he downgraded shares of First Solar (FSLR) to conviction sell from buy and SunPower (SPWRA) to sell from buy.

Wind energy is considered beneficial because of the reduced emissions of greenhouse gases, air pollutants and hazardous wastes as well as a decrease in the reliance of foreign energy. It's controversial however, because it's more than three times more expensive than traditional energy sources, such as coal, and far less reliable. ..."We believe a better option would be to send price signals to the market that encourage those renewables that can produce electricity during peak demand periods and that are built closer to the urban or load centers," [Linowes] said.

In newspaper advertisements, ApCo says customers who sign up are "investing in a future of energy that's both clean and green." ...But ApCo has already agreed to buy the green power. ApCo contracted for 75 megawatts of energy from the Camp Grove Wind Farm in central Illinois and 100 megawatts from the Fowler Ridge Wind Farm in western Indiana. ApCo already buys power from Summersville Hydro in West Virginia, and has plans to buy from the Beech Ridge Wind Energy project in Greenbrier County when it is finished. So what's the benefit if ApCo customers sign up, given that the company's already buying the green power?

Officials with the Maine Power Connection wrapped up a weeklong tour of Aroostook County on Thursday morning, addressing business leaders, legislators and community members about a proposal to build a new $625 million transmission line from central Maine to connect northern Maine to the New England electric grid. The project would bring wind turbine projects online and close a 25-mile gap between the Maine Public Service system lines in Houlton and the Maine Electric Power Co. ..."Northern Maine customers will be held harmless," he stressed. "Northern Maine delivery rates can't go up - that is our goal. If that doesn't happen, this project is a no-go."

Denouncing a proposed $45 million Minnesota Power rate hike as "exorbitant," Minnesota Attorney General Lori Swanson on Friday encouraged the Duluth utility's customers to attend public hearings and make their opposition known. "Families and small business are struggling to make ends meet in the face of rising prices for energy, health care, gas, food and a troubled economy," Swanson said in a news release, which characterized the utility's proposal as unnecessary.

While Randolph's chairman is optimistic about a 145-megawatt wind farm development, he's bothered by how much money - or rather how little - the town will get in the deal. ...Under the Wisconsin Department of Revenue's shared revenue utility payment guidelines, $2,000 per megawatt of power generated is split between the county and town. The county gets two-thirds, while the town gets one-third. For a 145-megawatt project, that would provide roughly $96,667 per year to be split between the towns of Randolph and Scott, which also would house some We Energies' turbines, while the county would take in about $193,332.

Wind turbines are generating more than electricity in Coke County. They're also producing significantly more tax dollars for the Robert Lee Independent School District. And that's the problem. Under the state's "Robin Hood" school funding formula that takes from more affluent and gives to less affluent districts, Robert Lee ISD could end up benefiting little from the cash windfall. ...Under the present system, the state "recaptures" funds from property-wealthy districts and uses them to assist with financing public education in school districts deemed property poor.

Giant wind generators planned in the centre of The Weaver Valley could cost the region's tourism trade millions in lost revenue - say objectors. The cluster of four 410ft high turbines, which are 100ft taller than Big Ben and would even dwarf the Fiddlers Ferry Cooling Tower, would be amongst the tallest in the UK. ... Mike Cooksley, chairman of tourism organisation Visit Chester and Cheshire ...said: "Regional parks should be protected, developed and enjoyed by both visitors and residents. "The countryside of Cheshire is epitomised by this site and is seen by many as the antidote to urbanisation and relief from city life."

A Delmarva Power consultant estimates that three land-based wind contracts will cost residential customers the equivalent of 24 cents more a month over the life of the contracts. The estimate was part of a package of financial information Delmarva has submitted to the Public Service Commission, which will consider approval of the company's land-based wind power contracts in the coming months.

JPMorgan analysts are recommending investors take a neutral stance on electric utilities and independent power producers, a less upbeat position than the securities firm took earlier this year. ...The firm also said it has received calls from a number of investors worried about T. Boone Pickens' high-profile plan supporting wind power could hurt power prices.

The City Council Monday was asked by Assessor Frank E. Krakowski to approve a correction of the adjusted base proportions of the 2008-2009 assessment rolls because of a computer error that did not assign an assessed value to one of the eight new wind turbines off Route 5. ...Krakowski said the computer miscalculation had the effect of inflating the city's taxable value by more than $1 million. ...[First Ward Councilwoman Andrea] Haxton also complained the Steel Winds wind farm project was supposed to lowertaxes for ratepayers in the city. "With the windmills here, it's ridiculous that taxes have to change," Haxton said.

Greenpower users will be double billed if changes to the new greenhouse gas reporting system are not made, says University of Adelaide climate change Professor Barry Brook. This could cause the GreenPower national accreditation scheme to "implode" when an emissions trading scheme is introduced in 2010. Professor Brook said the almost 750,000 households and businesses using GreenPower nationally would be penalised once an emissions trading scheme was introduced as they would be paying extra to buy power from renewable sources.

Wind is always available and it doesn't pollute the planet. But as wonderful as it sounds, using the resource for energy could come with a hefty price tag. ...But there's a big problem. The Texas Public Utility Commission [PUC] hasn't approved a way to funnel all the power from the wind farms in West Texas and eventually the panhandle, into the Dallas/Fort Worth area. Ross points out, "The only impediment we have right now is the construction of transmission lines. We've got to construct the wires to move the power back to Dallas/Fort Worth." According to the PUC, that could cost at least $1 million per mile to get the power into the local area.

More families will be driven into fuel poverty as a push to generate more electricity from "green" sources like wind, wave and solar power sharply increases household fuel bills, the Government has said. Electricity bills could rise by 13 per cent and gas prices could go up by as much as 37 per cent as consumers are made to pay more to subsidise green energy production, ministers said in a new Renewable Energy Strategy. ...The Renewable Energy Strategy says: "It is likely that the measures we need to use to increase renewable energy will add to the challenges we face in combating fuel poverty."

Delmarva Power signed a landmark offshore wind power deal with Bluewater Wind on Monday, agreeing to buy enough power to light 50,000 homes in Delaware for the next 25 years. The long-awaited, $800 million deal could make Delaware the first state in the nation to build a wind farm off its shores. An array of as many as 70 towering windmills would rise in a tract east of Rehoboth Beach by 2012. ...Both parties agreed the contract will cost average residential customers about $5 a month more -- over the 25 years -- than they would have paid for electricity without offshore wind power. With volatile fossil fuel prices, no one can predict how much additional cost -- or savings -- customers may see over the life of the contract.