Library filed under General from Asia

CCU chairman skeptical about wind turbine project

As the Guam Power Authority expands it renewable energy portfolio with wind and solar capabilities, Consolidated Commission on Utilities chairman Joseph Duenas has doubts about the viability of a wind turbine project. He told KUAM News "They haven't started construction or any kind of work on the project and the project is supposed to be completed in eight months."
24 Aug 2015

Wind power project in doubt

Wind power generators need vast, open land to provide adequate space between each windmill. On this small island, commercial-scale wind power plants might be tough to pull off, he said. And for a utility-scale wind power plant to be viable, there must be steady flow of winds — ranging from 12 mph to 28 mph — for efficiency, he said. Earthquakes and typhoons also add to the obstacles of windmill projects on the island.
23 Aug 2015

Uiryeong locals occupy wind turbine construction site in protest

A protest against the development of a wind power complex around Hanu Mountain and Maebong Mountain in Uiryeong County, Gyeongsangnam-do has been continuing for two weeks at the construction site. About 10 to 30 locals are occupying the site, delaying the construction. ...The committee is demanding that the company set standards for low-frequency noise and conduct simulations of possible landslide accidents.
10 Jun 2015

Chinese wind earnings under pressure with fifth of farms idle

While listed wind firms have seen their shares surge 18-38 percent this year, compared with a 17 percent rise on the broader Hang Seng index .HSI, some industry insiders are urging investors to rein in their enthusiasm. "I'm not entirely sure where the optimism came from," said an executive at top power producer Datang Power (0991.HK). ..."Overall electricity demand is very weak. It is unlikely wind power will outshine others."
18 May 2015

Clean-energy defaults seen amid record China debt loads

Authorities are trying to cut manufacturing scope in green-energy industries after overproduction caused equipment prices to tumble. Shang Fulin, chairman of the China Banking Regulatory Commission, said in March it will seek to limit lending that worsens overcapacity. The wind-turbine and solar-power industries face “relatively large pressure” from excessive production ability.
5 Sep 2014

Wind power plunges to nil in Kovai

Coimbatore:Wind power production plunged to near nil on Tuesday in Coimbatore region as the industrial hub stares at yet another power crisis. The 5,300 windmills in Udumalpet produced just 2 mega watt of power on Tuesday, according to officials of Tangedco, the state power distribution agency.
20 Aug 2014

Wind turbine requires rezoning

After six years, a federally funded wind turbine tower is months away from being built. The plan is to build one 233-foot-tall windmill tower in Yona, which will require a zoning variance to allow for the structure's height.
26 Jun 2014

Sinovel wind bonds suspended from trade after yearly loss widens

Sinovel Wind Group Co. (601558)’s bonds were suspended from trading today after the wind-turbine maker said losses widened almost sixfold. The company reported a loss of 3.45 billion yuan ($551 million) in 2013 versus 582.7 million yuan the previous year, according to a statement to the Shanghai stock exchange yesterday.
30 Apr 2014

China wind turbine makers face consolidation as glut lingers

“Even as the current wind power market rebounds slowly, industry competition is still very intense” so that manufacturing companies don’t have sufficient profitability, Ma Jinru, a Goldwind spokeswoman, said by email. ... “Companies with less competitive technology and quality will die and their market share will be carved up by several rivals.”
17 Apr 2014

Auditors red flag Suzlon's ability to generate adequate cash

Loss-making Suzlon Energy's auditors have raised red flagged issues like the wind turbine maker's ability to generate adequate cash flow to support operations. Suzlon, grappling with tough business conditions, posted a consolidated net loss of Rs 1,075.25 crore in the three months ended December 2013.
16 Feb 2014

http://www.windaction.org/posts?location=Asia&p=2&topic=General
back to top