February Wind Energy News; Renewable Power stocks
MINNEAPOLIS - (Business Wire) Wind Energy America Inc. (OTCBB: WNEA) announced today (29FEB08) that it has completed an acquisition of significant wind energy assets from Boreal Energy Inc., a Minnesota corporation, in a tax free exchange for WNEA common stock. As a result of the completed transaction, WNEA will exchange 28,500,000 unregistered common shares for these Boreal assets.
Boreal assets include property and development rights in many wind farm projects in the upper Midwest and Great Plains regions, including Iowa, Minnesota, North and South Dakota, Montana, Wisconsin, and southern Ontario. As a wind farm developer, Boreal holds significant interests and rights to an extensive pipeline of wind energy projects under design or development of approximately 1,200 megawatts. These Boreal projects are located in some of the most favorable wind regimes in North America for the generation of electricity from wind turbines.
USA Northwest Wind Energy Output surpasses 1,000 MW in February
Wind Energy Reaches Highest Output Ever
Posted on: Saturday, 1 March 2008, 03:00 CST
By Jamison, Michael, RedOrbit.com
KALISPELL - Not too long ago, a milestone in the Northwest's energy policy slipped by with nary a notice by folks at home flipping the switches. The wind howled, the turbines turned and, for the first time ever, the wind power blowing through the region's electric grid surpassed the 1,000-megawatt mark. That's enough energy to power nearly 700,000 homes.
"When the wind's really kicking, we're getting 1,180 megawatts," said Doug Johnson, "which is pretty darned good for a clean energy alternative."
Of course, when the wind's not blowing, "we get nothing. It's an intermittent resource. We only get it when it blows."
Johnson is a spokesman for the Bonneville Power Administration, the quasi-governmental agency that markets power produced at 31 federal dams in the Columbia River Basin, some 40 percent of all the electricity used in the Pacific Northwest.
Those hydropower plants include headwater reservoirs such as Montana's Hungry Horse and Libby dams, which provide at-cost electricity to 140 utility companies in Montana, Idaho, Washington and Oregon.
Oregon is where PPM Energy recently fired up its latest wind project, the Klondike III, at about the same time the grid crossed that 1,000-megawatt mark.
Full article continues at: US Northwest windpower output reaches new high
Nevada Geothermal Power Announces Results from Flow Test
GeothermEx, Inc. Rates Well 25-14 at 7.5 MW Net Capacity
Nevada Geothermal Power Inc. ("NGP") (TSX VENTURE: NGP)(OTCBB: NGLPF) today announced that long term flow-test results from Well 25-14 indicate that the well is a very prolific producer. Flow testing of 25-14 was done under the supervision of GeothermEx, Inc. ("GeothermEx") an independent consultant based in Richmond California.
Excerpts from GeothermEx's report:
- Well 25-14 produced roughly 770,000 pounds per hour when fully open (equivalent to a volumetric flow rate of 1,750 gallons per minute) at a wellhead pressure of 120 pounds per square inch.
- The well produces primarily from a single zone at 2,280 feet (695 metres). The temperature of the zone is 374 degrees F (190 degrees C).
- Comparison of static and flowing pressure survey in 25-14 indicates a total cumulative pressure drawdown of about 121 psi at 2,280 feet (695 metres) during the production period. This indicates very good productivity.
- The net power potential of 25-14 would be about 7.5 MW. This estimate accounts for parasitic load for the combination of the production pump in the well and the well's proportionate share of a binary plant and injection pumps.
Full article at: Nevada Geothermal Power strikes hot rocks at Blue Mountain Geothermal Energy project
DOE & National Laboratories Project Targets Commercial Viability for Enhanced Geothermal Systems
Ormat Desert Peak Aims to be First U.S. Commercial Power Project Using EGS
Reno, Nevada, February 14, 2008 - Work has begun on the first application of an Enhanced Geothermal System (EGS) utilizing a production well at a commercial geothermal site. This project will demonstrate the viability of EGS and the technology's potential to generate clean, renewable baseload geothermal electricity in many areas throughout the country, Ormat Technologies, Inc.(NYSE: ORA) announced today.
Also Nevada Geothermal Power is proceeding with Ormat on the Blue Mountain Faulkner 1 Power Plant, see article on geotherma.info entitled Nevada Geo (NGLPF) and Ormat Tech (ORA) in $20 million deal for Blue Mountain geothermal project.
In Geothermal energy news and geothermal company info, Australia has opened up Geopower exploration, and NGP finds geothermal energy drilling success.
South Africa’s state utility Eksom to build 100 MW wind farm in Western Cape
Earlier in February Tyler Hamilton over at Clean Break focused on the links between high-purity cadmium telluride supplier 5N Plus and their world-leading customer First Solar in an article that also discusses a potential cadmium shortage.
Vestas Wind Systems AS, the world's largest wind turbine manufacturer, said it has received an order for 32 units of its V90-1.8 MW wind turbine from Spain's Catalana d'Energies Renovables SL.
Sharp Solar aims to raise its annual thin-film solar cell production capacity by completing new plants in Japan and building new facilities abroad. Q-Cells Solar said earlier this month that it had overtaken Sharp as the world’s No. 1 maker of solar cells in terms of volume in 2007.
USA windpower exceeds 5,000 Megawatts in 2007, up 45%, powering 4.5 million homes
State and federal incentives have fueled rapid industry growth, and in 2007, installed wind-power capacity grew 45 percent nationwide to 5,244 megawatts, according to the American Wind Energy Association. New wind projects accounted for 30 percent of all new power produced nationally.
Wind farms nationwide produce 48 million megawatt hours of electricity, enough to power more than 4.5 million homes.
Full article at: United States Wind Energy in 2007
Spire (SPIR) will provide Dongyang in Korea with a 12 MegaWatt crystalline cell module manufacturing line.
Evergreen Solar and Renewable Energy Corp prepare EverQ Initial Public Offering.
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