Hydro Tasmania, an Australian subsidiary of Norwegian energy and engineering group Norsk Hydro, has signed a contract for six 1.75-MW wind turbines for a new wind farm at Woolnorth, on Australia's west coast, according to Hydro-Tasmania and news reports.
China's largest wind-power generator in China, funded by the loan from the Asia Development Bank, is expected to be set up soon in Xinjiang Uygur Autonomous Region.
Italian Vento Power Corp. (IVPC) said in a news release Nov. 24 that financial institutions Mediocredito Centrale (MCC) and Fortis Bank Joint Bookrunners had successfully closed the syndication process for its IVPC4 731.5 billion Italian Lire (U.S. $325 million) wind farm project financing with a total of 23 participant banks.
Metso Corporation (NYSE: MX; HEX: MEO) will construct new technology centers in Jyvaskyla, Finland, for the development of its wind power technology and gear service capabilities.
The United Nations Development Programme (UNDP) and the Economic Affairs Division of the government of Pakistan have agreed on a feasibility study for a large-scale wind power project, according to Asia Pulse.
Middle East & Africa
Turkish officials have signed implementation agreements with Cannon, a U.S. wind energy developer, for wind projects totaling 185 MW.
The members of the European Wind Energy Association (EWEA) agreed at its recent annual general meeting in Kassel, Germany, to increase the Association's targets for future installed wind energy capacity.
There's nothing like a crisis to drive the development of renewable energy sources. Electrical shortages on top of high petroleum prices threaten to obstruct Brazil's economic growth, leading policy-makers to look for alternative energy supplies.