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Image - Vestas Raises Guidance As Headwinds Subside

Vestas Raises Guidance As Headwinds Subside

Danish wind turbine maker Vestas Wind Systems posted strong quarterly earnings on Wednesday as it continued to emerge from a crisis in which it shed thousands of jobs. The company raised its profits guidance. The Aarhus-based company said it believes this year's margin on earnings before interest and taxes, before special items, would be at least six percent, instead of five percent forecast previously. The upgrade was based on "the improved cost base and the expected del...

Wind - Aug 20, 2014


Image - AES Sells 100% of its Equity Interests in 87.5 MW of Operating Wind Projects

AES Sells 100% of its Equity Interests in 87.5 MW of Operating Wind Projects

The AES Corporation (NYSE: AES) announced today that it has entered into an agreement with SYND Holdco Limited, a joint venture of Greencoat UK Wind PLC and Swiss Life Funds (Luxembourg) Global Infrastructure Opportunities S.C.A. to sell 100% of its equity interests in four operating wind projects in the United Kingdom, totaling 87.5 MW, for $160 million, subject to customary purchase price adjustments. The transaction is expected to close in the third quarter of 2014. “This transac...

Wind - Aug 20, 2014


Related Research on ASDReports.com:
The LNG Carrier Market 2013-2023


Image - Canadian Solar Completes the Sale of Good Light Solar Power Plant to BluEarth

Canadian Solar Completes the Sale of Good Light Solar Power Plant to BluEarth

Canadian Solar, one of the world's largest solar power companies, today announced that its wholly-owned subsidiary, Canadian Solar Solutions Inc., has completed the sale of Good Light, a 10 megawatt ("MW") AC solar power plant located in the town of Kawartha Lakes, Ontario, Canada, valued at over C$66.0 million ($60.3 million) to a BluEarth Renewables Inc. subsidiary ("BluEarth"). This is the second of four planned solar projects being acquired by BluEarth from Canadia...

Solar - Aug 20, 2014


Image - Iberdrola to Build 69-MW Dersalloch Wind Farm in Scotland

Iberdrola to Build 69-MW Dersalloch Wind Farm in Scotland

The Scottish Government has granted consent for 23 state-of-the-art wind turbines east of Straiton, in South Ayrshire With this new project, IBERDROLA reaffirms its commitment to developing renewable energies in the UK, where it operates nearly 1,600 megawatts (MW), including onshore and offshore wind and wave and tidal energy projects , has received consent from The Scottish Government for 23 wind turbines at Dersalloch Hill in the South Ayrshire, with a nominal capacity of up to 69 ...

Wind - Aug 20, 2014


Image - Algae Systems Testing Algae Bio-Fuel Production

Algae Systems Testing Algae Bio-Fuel Production

Algae Systems completed demonstration of a new biofuel production approach in early-August jointly with Japan’s IHI Corporation. The process is based on the conversion of algae and wastewater to energy and clean water. A demonstration plant, located in Daphne Alabama, combines wastewater with algae to produce the world’s first energy-generating wastewater treatment process, using carbon-negative technologies. This process will yield both bio-fuel and drinking water.   ...

Bio - Aug 19, 2014


Image - Asian Inventions Dominate Energy Storage Systems

Asian Inventions Dominate Energy Storage Systems

Scientists at TUM research new ways to produce lithium-ion-batteries. (Photo: Heddergott / TUM) In recent years, the number of patent applications for electrochemical energy storage technologies has soared. According to a study by the Technische Universität München (TUM), the largest volume of applications by far is submitted by developers of lithium batteries. The study offers a first differentiated analysis of which energy storage technologies will be viable in the exit from f...

Storage - Aug 19, 2014


Image - Report Highlights Doubling of Natural Gas Fuel Sales in Texas in FY 2014

Report Highlights Doubling of Natural Gas Fuel Sales in Texas in FY 2014

Clean Energy, a key contributor to the natural gas vehicle fuel growth in Texas, noted today’s Railroad Commission of Texas report that CNG and LNG sales in Texas through July 31, 2014 were 220 percent of the fiscal year 2014 estimate. An estimated 14,521,326 gallon-equivalents of natural gas have been sold through this period, compared to the forecasted 6.6 million gallon-equivalents. “The use of natural gas as a vehicle fuel is taking off in Texas,” said Peter Grace, s...

Natural Gas & LNG - Aug 20, 2014


Related Research on ASDReports.com:
The LNG Carrier Market 2013-2023


Image - Nexamp Acquires 4.4 MW Solar Asset Portfolio

Nexamp Acquires 4.4 MW Solar Asset Portfolio

Nexamp , a leading solar solutions provider, announced today its acquisition of a 4.4 megawatt (MW) portfolio of solar projects operating in Massachusetts from Broadway Renewable Strategies. The projects produce enough energy to power 650 homes a year. Nexamp will manage the operating assets, whose power purchase agreements provide clean energy and electricity savings to educational, municipal and commercial institutions in 11 Massachusetts communities. Nexamp will use its market leading ...

Solar - Aug 19, 2014