Major wind energy generator GE said it achieved more than 115 million hours of operation through its installed global fleet of 1.5 megawatt wind turbines. The company also said today that federal tax incentives for wind energy projects (which is set to expire on December 31) need to be renewed immediately as benefits from wind farms’ tax revenue more than offset tax incentives.
On the technology front, BroadStar launched its next generation wind turbine AeroCam, which the company said is the first in the industry to break through the $1/watt cost barrier.
European companies seem to be invading the US market. Germany-based Nordex is spending $100 million over the next few years to establish its US production for wind turbines and rotor blades, which will commence as early as 2009. Meanwhile, Paris-based EDF Energies also recently announced its plans to build a 100.5 megawatt wind farm in Iowa via its deal with utility company MidAmerican Energy.
Speaking of Europe, an interesting news from Reuters reported that Norway could become Europe’s major source of electricity because of the country’s huge wind energy investments. It said that Norway plans to have access to up to 40 terrawatt hours of renewable energy in 2020-2025, about half of which would come from offshore wind power.
And back to more domestic wind news, Wisconsin Power and Light Company plans to build a 200 megawatt wind farm in Freeborn County, Minnesota, to be operable by the end of 2010; while a group of fishermen in New Jersey gave their thumbs up support to fellow fishermen in Rhode Island for their goals to develop offshore wind farms in Rhode Island.