In The News: Research and developments in renewable energy, small wind markets


In The News: Research and developments in renewable energy, small wind markets

Pennsylvania Invests $13.8 Million in Wind Power
The Wall Street Journal: Market Watch
Six renewable energy and clean energy projects will receive the support from the state of Pennsylvania, as announced this Thursday. More than 44,000 PA homes will be positively affected.

Renewables From Vestas to Suntech Plan Profits Without Subsidy
Bloomberg
Renewable energy companies are able to produce energy at competitive rates related to fossil fuels. “Wind in some cases already is, or can in coming years, be fully cost-competitive with fossil fuels,” Brun said today by e-mail from the World Economic Forum in Davos, Switzerland. “Fossil-fuel prices will continue to rise, and that increases the competitiveness of new technologies. We are preparing the whole industry for getting off the subsidy-need.”

U.S. Wind-Turbine Installations Rose 31% in 2011, AWEA Says
Bloomberg
The United States is experiencing a state of growth for renewable energy. However, the corporations implementing the large-scale projects are relying on congress to maintain a 2.2-cent per kilowatt-hour Production Tax Credit. Without the credit, renewable energy system manufacturers will be forced to downsize considerably in the US by 2013.

Energy firm to put solar array near wind farms
StarTribune
A new project in Minnesota is testing the relationship between solar and wind energy to gauge the positive nature of hybrid systems. Based on the simple principal of seasonal energy fluctuation, the Minnesota site will provide data to further support the progression of renewable energy systems to hybrid platforms.

Passamaquoddy Tribe plans $120M wind farm in Washington County
Bangor Daily News
A tribe, native to Maine’s  ‘Down East’ Washington County is planning to develop a commercial wind farm. The tribe has an estimated $120 million dollars allocated for the projects development. An estimated 100 jobs will be created and as many as 300 homes will be serviced by the project.
 


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