Articles from 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.
"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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Vestas has announced it is terminating its severance agreement with former chief financial officer and deputy CEO Henrik Norremark, citing unauthorised deals costing the company "up to EUR 18 million". ..."[Norremark] seems to have entered into agreements in violation of the company's internal provisions regulating his power to bind the company as well as the company’s interests in general.
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.
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.
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.
Ming Yang said that according to preliminary analysis, the tower fell because the foundation bolts were not properly fastened in the course of turbine installation. This was exacerbated by the Class I winds at the location.