Articles filed under General from Colorado
National Wind’s filing for bankruptcy appears to be in the final stages, reported Phillips County commissioners at their Sept. 30 meeting. ...The report was an update to the April 23 notification that National Wind had filed for Chapter 7 bankruptcy in Minnesota.
In its filings with the PUC, Black Hills is asking for the rate increase to cover the costs of a $50 million wind farm and leftover costs from building its $500 million Pueblo Area Generating Station. Some of those costs are high-interest debt that the state Office of Consumer Counsel argues shouldn’t be passed on to Pueblo ratepayers.
A dozen people spoke against the project at the Dec. 19 commission meeting, with concerns related to noise and property values, among other things. ...The project probably will qualify for wind energy production tax credits, he says, by acquiring the farm just before they expired last year.
Black Hills Energy is asking the Colorado Public Utilities Commission for a 3.7 percent rate increase for its electric customers, a hike the utility wants to recover $70 million it spent on a new wind farm near Walsenburg and other expenses.
The wind lobby today is one of the fattest hogs at the corporate welfare trough. Rather than win customers through good prices and reliable products, the wind lobby uses political clout to force consumers to purchase its overpriced services.
A few years ago, Clipper Windpower had plans to build a wind power farm near Calhan, Colo. In February 2013, Fowler Wind Energy purchased the project, referred to as Golden West Power Partners, from Clipper. The project is under way.
The Arvada research center - where the technology was created and which was formerly PrimeStar Solar - will be closed, with 50 people losing their jobs, GE spokeswoman Lindsay Thiele said. ...The move is being driven by an overcapacity in solar-panel manufacturing and about a 50 percent drop in panel prices in the past two years.
Commissioners say legislative efforts to crack down on energy drilling and gun laws are prime reasons for the movement. ... The commissioners have also expressed concern about the lack of funding for infrastructure and education. They claim there is a disconnect between rural voters and legislators on issues such as water and energy production.
The Democratic sponsors of Senate Bill 252, which will force rural electricity associations to draw more of its energy from renewable sources, ended the legislative session last week believing that Gov. John Hickenlooper was certain to sign their bill.
The struggling Danish company with four manufacturing plants in Colorado -- three of which are in Weld County -- saw a 34 percent decrease in production, a 26 percent decrease in deliveries, a 1 percent reduction in revenue, and a 24 percent decrease in employees since the first of the year, while it continued to come out of a two-year, debilitating slowdown.
After a tough year marked by profit-warnings and job cuts, Danish wind turbine maker Vestas Wind Systems A/S (VWS.KO) is looking to overhaul its business model by fostering closer ties with parts suppliers and concentrating its own activities on higher margin turbine engineering and design and service of wind power plants.
Continuing a downward spiral of insecurity for their Colorado workforce, Vestas Wind announced more cutbacks this week. Slashing an additional 10 percent of the 1,100 still employed in the state, the layoffs comprise approximately 110 workers.
Less than two months after launching a work-share program designed to retain employees at three of its Colorado manufacturing facilities, Vestas has announced that it is laying off a total of 110 workers at its blade factories in Windsor and Brighton, Colo. ...Earlier this month, Vestas said it expects to lay off another 1,800 employees globally by the end of this year.
Twenty of 22 contracts administered by the agency contained incorrect or missing information in the state contract database, with six missing performance elements and another 13 missing contractor progress reports. ...The audit also discovered that as many as 16 travel and other expenditures "lacked appropriate approval and justification documentation." This included a line item for a $25,000 expenditure listed only as "2008 Membership."
In an announcement this week, Vestas stated it was still going through with previously announced cost-cutting measures, which included further trimming its payrolls by another 2,000 employees worldwide by the end of this year. “We can’t speculate on how the PTC extension will affect future employment levels at our Colorado factories.”
Wind turbine manufacturer Vestas isn't saying whether any of its laid-off Colorado workers will get their jobs back now that Congress has extended a wind tax credit.
Wind power company Vestas Wind Systems made its single largest Colorado job cut Thursday, laying off about 200 workers at a Windsor blade plant. The cuts represent 29 percent of the plant's workforce.
Vestas Wind Systems, the wind turbine manufacturer that built four factories in Colorado, announced its third round of job cuts on Tuesday, firing 75 workers at its blade factory in Brighton.
"In response to this market slowdown and in accordance with its business needs, Vestas Towers America in Pueblo, Colo., today adjusted its manufacturing workforce. This workforce reduction in the tower factory represents approximately 3 percent of Vestas' total workforce in the U.S. and Canada."
Former Mayor Lionel Rivera, who has been a critic of the wind plan, called the decision "good news for our community." Rivera argued that Utilities won't need additional generating capacity for years to come and has invested heavily in Neumann Systems Group's clean coal technology.