25 Feb '12, 10pm

Investing In Offshore Wind Power:

Offshore Wind in the United States Last week, the long-embattled Cape Wind project got a break: Utility NStar(NST ) agreed to buy 27.5% of the proposed offshore wind project's output. Together with a previous power purchase agreement with National Grid (NGG ), this gives Cape Wind a buyer for 77.5% of the project's total projected output. Jim Gordon, Cape Wind's President speaking at Offshore Wind Power USA in Boston, the NStar deal was the "starting gun" for Cape Wind's financing round. Yet speakers and attendees at Offshore Wind Power USA agreed that the Cape Wind story remains a cautionary tale for potential offshore wind developers, rather than a signal the the US offshore market is open for business. While the Bureau of Ocean Energy Management has made progress in defining the leasing process, this process is still expected to take six to eight years to complete. Ther...

Full article: http://www.altenergystocks.com/archives/2012/02/investing...

Tweets

LEGO Owners Put $500 Million into Offshore Wind Farm in Germany

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cleantechnica.com 24 Feb '12, 1pm

Wouldn’t it be cool to build a wind farm out of LEGOs? They must have such options now, eh? Especially now that we see LEG...

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treehugger.com 26 Feb '12, 10am

puuikibeach /CC BY 2.0 . Wind turbines at the Kahuku Wind Farm. In January 2008, Hawaii announced its plan to produce 70% ...

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businessgreen.com 24 Feb '12, 9am

The parent company of toy firm Lego has announced it is to buy a 32 per cent stake in one of Germany's largest offshore wi...

The Best Offshore Wind Stocks #green

The Best Offshore Wind Stocks #green

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windpowermonthly.com 26 Feb '12, 6am

Speaking about the deal, Kay Weber, CEO of the Siemens Wind Power Business Unit APAC said: "The market entry in Thailand p...

33,000 More Offshore Wind Power Jobs in Germany by 2021, Study Finds

33,000 More Offshore Wind Power Jobs in Germany...

cleantechnica.com 21 Feb '12, 8pm

How about the U.S.? (OK, let’s not go there today.) The news : A new study Price Waterhouse Coopers (PWC), Volle Kraft aus...

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green.blogs.nytimes.com 29 Feb '12, 2pm

EDR Companies Shown in white dots, the proposed location for a wind farm 13 miles off the coast. As we report in Wednesday...

LEGO buys $500m worth of wind power that's good...

grist.org 26 Feb '12, 7pm

The world’s third-largest toy manufacturer is going to be putting “made with wind power” labels on all those boxes of LEGO...

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renewableenergyworld.com 27 Feb '12, 3pm

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Green Blog: New York and Wind Power: Can It Tak...

green.blogs.nytimes.com 29 Feb '12, 3pm

EDR Companies Shown in white dots, the proposed location for a wind farm 13 miles off the coast. As we report in Wednesday...

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