Wind Power News

Friday, March 19, 2010

First Wind eyes IPO amid maturing loan
Even as it prepares an initial public offering, First Wind Holdings Inc. has been amassing more than half a billion dollars in private equity, a new regulatory filing indicates. But the company has not yet posted a profit, and its financial strength is likely to be tested as a short-term loan worth $231.5 million approaches its June maturity date.

Monday, March 8, 2010

AMSC wind turbine components garner $10M Chinese order
American Superconductor Corp. reports it has landed $10 million from a Chinese company for electrical components for 1.65-megawatt wind turbines.

Thursday, February 25, 2010

Q&A: Northern Power president Amin talks small-scale wind power
Northern Power Systems named Amin president of its community wind business last week. He recently spoke with Mass High Tech reporter Jackie Noblett of the challenges to selling turbines to towns, companies and nonprofits.

Tuesday, February 23, 2010

General Compression grabs $17M in new investment
General Compression Inc. reports it has landed $17 million in a Series A round of venture funding, which it says it will us to develop its first commercial unit and other storage projects.

Thursday, February 18, 2010

Northern Power names Amin president of community wind business
Barre, Vt., wind turbine maker Northern Power Systems said Thursday it has named former Winergy Drive Systems president Parthiv Amin as the president of its community wind business.

Wednesday, February 3, 2010

New England poised to be key wind energy player
While Europe is still king when it comes to large-scale turbine deployments, a combination of regulatory changes and financial incentives is making this region an attractive market for wind turbines on both public and corporate properties — exactly the market several local wind companies, including Optiwind and Northern Power, are going after.

Friday, January 29, 2010

Vt. wind tech firm opens Cambridge office
Looking to tap into the local engineering and business community as it expands its product lines, Vermont wind turbine technology company Northern Power Systems opened its first engineering and business office in Cambridge this week.

Wednesday, January 27, 2010

Solaya to build turbine in Charlestown
Woburn renewable energy developer and construction company Solaya Energy has been tapped to build a 1.5 megawatt wind turbine at the Massachusetts Water Resources Facility’s pump station in Charlestown.

Tuesday, January 26, 2010

AMSC lands wind turbine components order in China
American Superconductor Corp. has received an order from power equipment manufacturer XJ Group Corp. of China for 100 sets of wind turbine electrical components to be used in 2-megawatt doubly-fed induction wind turbines co-developed with AMSC subsidiary AMSC Windtec.

Monday, January 25, 2010

First Wind to build Maine wind farm
Local wind farm developer First Wind Holdings Inc. has signed a deal to build dozens of wind turbines for a renewable energy project in upstate Maine. The latest wind farm from First Wind, of Boston, represents what would be the company’s third wind project in Maine and the second in Aroostook County.

Thursday, January 21, 2010

Digate reveals plans for offshore wind startup
Chuck Digate, serial entrepreneur and member of the first class of New England Clean Energy Council clean energy fellows, has taken the wraps off his newest startup, an offshore wind company called Neptune Wind.

Wednesday, January 20, 2010

Q&A: Turbine maker Vestas attracted to university research in Mass.
With all of the uproar over some local cleantech companies' desire to shift jobs overseas, it’s easy to forget the allure of this region to cleantech companies. Vestas AB purchased Lunenberg power motor and generator developer ePower LLC in 2008 and it plans to invest further in the region.

Tuesday, January 19, 2010

FloDesign lands $35M Series B funds, names new CEO
FloDesign Wind Turbine Corp. has closed on a $34.5 million Series B financing, in addition to naming Vestas China veteran Lars A. Andersen as its new CEO.

Thursday, January 14, 2010

Printing press to build largest wind turbine in Conn.
New Haven printing company Phoenix Press announced Thursday their plans to break ground next week on a turbine project at its headquarters, which will become the largest wind turbine in the state.

Wednesday, January 13, 2010

20 Mass. wind projects claim $2.5M in grants
The Massachusetts Clean Energy Center is awarding $2.5 million in grants to 20 wind energy projects. The grants are part of the Commonwealth Wind Community-Scale Wind Initiative, a Massachusetts Renewable Energy Trust program, that helps wind projects of at least 100 kilowatts.

Friday, January 8, 2010

UMaine nets $12M for offshore wind tech
The University of Maine has been awarded $12.4 million in federal stimulus funds to build and test offshore wind materials and technologies. The school’s AEWC Advanced Structure and Composites Center will be the location of initial tests of materials before deep water demonstrations.

Thursday, January 7, 2010

Solaya to build wind turbine alongside Mass. Turnpike
Solaya Renewable Energy will build a 1.5 megawatt wind turbine on state Department of Transportation land in western Massachusetts. The Woburn renewable energy developer and construction company was chosen to build the turbine adjacent to DOT’s Blandford rest stop on the Massachusetts Turnpike.

Tuesday, January 5, 2010

AMSC to co-develop offshore wind turbines in China
American Superconductor Corp. announced Tuesday it will design and co-develop 5 megawatt offshore wind turbines in China with Chinese manufacturer Dongfang Turbine Co. Ltd.

Thursday, December 24, 2009

American Pro-Wind rounds up $250k in loans for Mass. wind study
The Massachusetts Clean Energy Center’s Renewable Energy Trust awarded a $178,000 loan to a development group, American Pro-Wind LLC of Weymouth, proposing a 26 megawatt wind farm in Douglas.

Wednesday, December 23, 2009

Mass Megawatts tests N.Y. wind power project
Mass Megawatts Wind Power Inc. has begun testing its wind augmenter and wind diverter following the completion of its first commercial wind power installation in Hunter, N.Y.