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Asia
According to various reports these incentives were scrapped as many developers took incentives to save tax and after the completion of incentives either neglected or abandoned the wind farms altogether.
Also filed under [
Tax Breaks & Subsidies]
"If InfraVest continues to neglect the danger its wind turbines pose to the local residents, they should get out of Taiwan," said Lin, stating that the promotion of green energy should be a common priority of the government and all societies, with an actual plan that is safe yet eco-friendly.
Also filed under [
Impact on Landscape|
Impact on People]
A 38-tonne wind turbine crashed 50 metres (165 feet) to the ground in western Japan after the steel column supporting it snapped, officials have said. ..."We are asking experts to look into the cause of the problem. We suspect metal fatigue.
Also filed under [
Safety|
Structural Failure]
Unless advanced economies adopt more ambitious reduction targets and are willing to use CDM to fulfill them, demand for carbon credits cannot easily recover.
But uncertain economic and industrial production outlook in developed economies and a huge oversupply of carbon credits do not bode well for the market.
Also filed under [
Impact on Economy]
Mahavitaran is opposing the "irrational" pricing of wind energy on various grounds. Unlike solar energy there hasn't been any breakthrough technology. For a stagnant technology the MERC is proposing a tariff range of Rs. 3.86 per unit to Rs. 5.80 ...The Maharashtra State Electricity Distribution Company Limited (MSEDCL) or Mahavitaran says it cannot accept the high cost of wind energy and is against passing on that cost to consumers.
Also filed under [
Impact on Economy]
Birds at risk of collision in wind farms, says study
February 12, 2013 by Neha Madaan in The Times of India
February 12, 2013 by Neha Madaan in The Times of India
Reduction in avian activity in the study area was noticed with the increase in the number of wind farms. Despite the small footprint of an individual wind turbine, the associated infrastructure development causes a wider habitat modification and destruction, resulting in a displacement effect for the birds," said Pande.
Also filed under [
Impact on Wildlife|
Impact on Birds]
Qin said the curtailment in 2012 was almost double that of 2011. A major contributing element was that China's power generation capacity rose considerably in 2012, and wind power gave way to thermal and nuclear power.
Also filed under [
General]
On Wednesday, more than 200 Miaoli residents led by County Representative Liu Bao-ling protested outside the Ministry of Economic Affairs to demand that the bureau end TWP's wind turbine installations amid concerns the project would damage the county's landscape, make low-frequency noise and affect drivers' safety.
Also filed under [
Impact on People]
Ministry wants competitive bidding for renewable energy procurement
December 30, 2012 by M. Ramesh in The Hindu Business Line
December 30, 2012 by M. Ramesh in The Hindu Business Line
The Ministry of New and Renewable Energy wants to make procurement of electricity from renewable sources also through competitive bidding process, just as in the case of conventional power. ...The Indian wind industry is already in trouble. Two major incentives - generation-based incentive and accelerated depreciation - have been withdrawn from the beginning of the year.
Also filed under [
Energy Policy]
U.S. slaps duties on China wind towers, high-level talks begin
December 19, 2012 by Doug Palmer in Reuters
December 19, 2012 by Doug Palmer in Reuters
U.S. producers say low-priced towers from Asia have cut into their market share and forced plant closings.
"Over the last years, in a period of peak demand, the U.S. industry should have been profitable. Instead, due to the surge in dumped and subsidized imports, the industry lost market share and saw its profits collapse."
Sinovel Wind Group Co, a large maker of wind power equipment, plans to put 350 workers on leave starting on Monday. ...In the third quarter, Sinovel recorded a loss of 280 million yuan, down from the 242 million yuan in profit in the same period a year earlier. Its third-quarter operating income, meanwhile, decreased by 82 percent year-on-year, falling to 548 million yuan. The company warned it might report an annual loss for 2012.
Also filed under [
General]
Chinese wind power firm suing Obama vows to fight all the way
October 18, 2012 by Wan Xu and Don Durfee in Reuters
October 18, 2012 by Wan Xu and Don Durfee in Reuters
The lawsuit is viewed as a long shot given the president's broad authority on national security matters and the fact that courts do not often second guess the executive branch on security issues.
But Ralls Chief Executive Wu Jialiang, one of the Sany executives who owns the company, said he was determined to press ahead.
Wind turbine makers rope in E&Y to bring out ‘perception changer' report
October 12, 2012 by M. Ramesh in The Hindu Business Line
October 12, 2012 by M. Ramesh in The Hindu Business Line
The global auditing and consulting firm Ernst & Young has been roped in by the Indian Wind Turbine Manufacturers' Association (IWTMA) to bring out a report that will give sufficient data to change the ‘negative perception' about the wind industry. E&Y is expected to produce the report in four-six weeks.
Also filed under [
General]
The deals signed last year, which Vestas says were "in violation of the company's internal provisions" and its interests, have definitely lost the company €4 million and may have lost a further €14 million.
Vestas ends severance pact with CFO; deals cited
October 3, 2012 by Dominic Chopping in Market Watch
October 3, 2012 by Dominic Chopping in Market Watch
Denmark's Vestas Wind Systems A/S , the world's largest manufacturer of wind turbines, said it has terminated its former Chief Financial Officer's severance deal after it emerged he has cost the company up to 18 million euros from unauthorized deals in India.
Sumitomo sees ‘solar bubble' as Japan rejects nuclear energy
October 1, 2012 by Yuriy Humber and Tsuyoshi Inajima in Bloomberg News
October 1, 2012 by Yuriy Humber and Tsuyoshi Inajima in Bloomberg News
Japan introduced subsidies known as feed-in tariffs on July 1 that require utilities to buy power from renewable energy providers at premium prices. As a result, investment in solar, wind and other forms of clean energy may jump to $17.1 billion this year from $8.6 billion in 2011, Bloomberg New Energy Finance estimates.
Also filed under [
Energy Policy]
Vestas, the world's biggest wind turbine manufacturer, has decided to "scale down its sales efforts in the Indian market''. Vestas is currently implementing a global re-organisation plan to develop a "more scalable and flexible organisation" and cut cost by €250 million by the end of 2012.
Chinese-owned Ralls Corp. sues U.S. over wind-farm order
September 14, 2012 by Sara Forden and Tom Schoenberg in Bloomberg News
September 14, 2012 by Sara Forden and Tom Schoenberg in Bloomberg News
Ralls Corp., a holding company that controls wind-farm assets, alleged the multiagency Committee on Foreign Investment in the U.S., known as CFIUS, exceeded its authority when it ordered the company to cease operations and keep out of wind- farm development sites it bought, according to a lawsuit filed Sept. 12 in federal court in Washington.
China pushes wind power, but no quick payoff for producers
September 10, 2012 by Charlie Zhu in Reuters
September 10, 2012 by Charlie Zhu in Reuters
China boasts the world's largest wind power capacity, but a third of it sits idle as renewable energy is a money-losing business for grid operators and network construction has lagged capacity expansion. As a result, China struggles to transmit electricity from generating zones in the northwest, north and northeast to population hubs in the south and east.
Also filed under [
General]
Utility Head: Japan can't afford renewable energy, needs nuclear
September 7, 2012 in Consumer Energy Report
September 7, 2012 in Consumer Energy Report
Japan is currently devising long term plans to get a handle on its energy crisis but, while renewable energy will certainly play a role, the country is in no position to drop nuclear energy entirely. The debate over the best option for both the Japanese people and the Japanese economy is expected to continue throughout 2012 as the nation's politicians work to find a realistic and sustainable energy solution.
Also filed under [
General]
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