All Posts Tagged With: "Vestas Wind Systems"

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Wind Energy Industry Highlights Beneficial Impact to Colorado’s Economy

The House and Senate passed a joint resolution recognizing the wind energy industry’s “tremendous contribution to Colorado’s economy.” In the House, the resolution passed 53 to 10, with only Republicans voting against it to show their support for traditional energy.

15Mar2012 | admin | 0 comments | Continued
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Production Tax Credit Stalls in Senate

“Without this tax credit, the industry will crash,” Udall said Tuesday. “In fact, a crash is already beginning. Vestas may lay off more than 80 percent of its workforce in Colorado if the PTC is not extended soon.”

14Mar2012 | admin | 0 comments | Continued
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Wind-Power Sector Loses Luster With Investors

U.S. investments in turbine farms and wind-energy businesses tumbled 38 percent last year to $9.7 billion, according to data from Bloomberg New Energy Finance. Venture capitalists have practically left the sector altogether. They invested only $177.6 million in wind startups last year, down 71 percent from the year before.

6Mar2012 | admin | 0 comments | Continued
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Production Tax Credit Not Part of Tax Bill

Despite the best efforts of the renewable energy industry, lobbyists and supporting politicians, the payroll tax cut extension Congress is finalizing this week will not include a key subsidy for renewable energy. Uncertainity reigns in the offices of wind energy officials as they look to 2013.

16Feb2012 | admin | 0 comments | Continued
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Vestas To Lay Off More Than 2,300 Worldwide; U.S. Layoffs Could Follow

While the announced layoffs are primarily taking place in Europe and specifically Denmark, the firm said it is preparing for a potential slowdown in the United States in case the Production Tax Credit is not extended before it expires at the end of this year. That would directly impact Colorado workers.

12Jan2012 | admin | 0 comments | Continued
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Vestas Urges Extension of U.S. Production Tax Credit to Preserve Thousands Of American Jobs

“An extension of the PTC is necessary for the continued employment of the 80,000 people working in the U.S. wind industry,” said Wyrsch, who leads the North American arm of Vestas Wind Systems, which has several manufacturing plants in Colorado.

15Dec2011 | admin | 0 comments | Continued
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Without PTC Extension, U.S. Wind Power Market May ‘Fall Off a Cliff,’ Warns Vestas CEO

The production tax credit provides an incentive of 2.2 cents a kilowatt-hour for electricity from wind applied to operators’ tax bills. In the past, the termination of such policies has shown markets can “disappear,” Engel told Bloomberg.

21Nov2011 | admin | 0 comments | Continued
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Despite Cost-Cutting Plans, Vestas’ Colorado Plants Hope to Operate at Full Capacity

The news last week that the Denmark-based manufacturer expects to cut its work force next year as it slashes costs was unsettling to the industry, but its impact here may not be pronounced. One official said they expect Colorado factories to be busy in 2012 as the company fulfills North American turbine orders.

14Nov2011 | admin | 0 comments | Continued
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Deals and Appeals

>> Kinder Morgan Buying El Paso Corp
>> Colorado Vestas Plants Get Big Order
>> Trinchera Ranch Owner Appeals COPUC Decision
>> GE, PRE Resources Buy Colorado Oil & Gas Reserves
>> Sungevity Gets More Funding for PV Leasing

17Oct2011 | admin | 0 comments | Continued
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Vestas’ Brighton Blade Plant Gets First Order

The order is for 55-meter blades that are part of the V112-3.0 MW turbines — destined for a Vermont wind farm. The Denmark-based company operates three other Colorado factories — a blade facility in Windsor, a tower plant in Pueblo and a nacelle assembly factory in Brighton.

6Oct2011 | admin | 0 comments | Continued
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Wind Companies Lack Strategies for
Aging Turbines

Few companies have created end-of-life strategies for aging turbines, which could lead to logistical problems down the road. One executive said he doesn’t believe the issue has been addressed because the industry is still young. “It’s not an issue now, but it’s going to be an issue pretty soon.”

27Sep2011 | admin | 0 comments | Continued
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Is Distributed Wind the Answer?

U.S. small wind added 25.6 megawatts of new capacity in 2010, a big number for an industry that typically adds capacity in increments of one to ten kilowatts at a time. What do the big numbers from small wind’s annual report mean? The numbers, just released at the American Wind Energy Association (AWEA) Small and Community Windpower Conference, showed impressive growth. They also showed impressive resilience with a strong performance in a troubled economy.

20Sep2011 | admin | 0 comments | Continued
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Vestas Lands 202 Megawatt Turbine Order

The deal with E.ON Climate & Renewables North America calls for 112 V100-1.8 MW turbines for an as yet undisclosed U.S.-based wind-energy project. Key to the order is the ability of this specific turbine model to capture lower wind speeds.

16Aug2011 | admin | 0 comments | Continued
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