CPV Renewable Energy Company (CPV REC) announced today that it has executed a 20-year power-purchase agreement with Oklahoma Gas & Electric Company ("OG&E") for its 152 MW Keenan II wind energy project in Woodward County, Oklahoma.
CPV REC's project was one of three selected from more than 50 responses to an OG&E request for proposals. Contingent upon approval by the Oklahoma Corporation Commission, CPV REC will construct and operate the Keenan II wind farm with its entire output dedicated to OG&E. The project is expected to start generating electricity in 2010.
"We are delighted to be helping OG&E bring more renewable power to the citizens of Oklahoma," said Sean Finnerty, CPV REC Sr. Vice President. "Keenan II is an exceptional wind energy project that will provide economic benefits to Woodward County - the new center of wind power in Oklahoma -and environmental benefits to OG&E customers for many years to come."
This represents the second project agreement between CPV REC and OG&E. Last year, the companies announced that OG&E would acquire a 101 MW wind project from CPV REC which OG&E named, "OU Spirit." OU Spirit began construction this past spring and is expected to be on-line delivering electricity by the end of 2009.
"As a native of Oklahoma, I am pleased to see these companies working to bring clean, reliable wind power to the citizens of the state," said Denise Bode, CEO of the American Wind Energy Association and former Chairwoman of the Oklahoma Corporation Commission. "Wind power creates good jobs and new sources of income for local communities, and helps protect consumers against fuel price increases."
CPV Renewable Energy Company, an affiliate of Competitive Power Ventures, Inc., is advancing a broad portfolio of wind and photovoltaic power generation across North America. Lead by a blue chip management team and the financial backing of the investment fund Warburg Pincus, CPV REC is fast becoming a leader in the development of renewable energy.
For more information about the project and Competitive Power Ventures please go to www.cpv.com.
CPV: Energizing America's Future
Competitive Power Ventures, LLC (CPV) is dedicated to increasing America's sustainability, both economically and environmentally. Using domestically-available energy sources, like wind and natural gas, and partnering with host communities to support their tax base and school districts, CPV works to stabilize and improve local and state economies. CPV's corporate mission is built around a belief that progressive companies can be powerful agents of change for a better world and a cleaner environment. To this end, CPV has focused its core activities around developing and operating energy facilities that can make a significant difference in improving the environments and economic well-being of a region. Headquartered in Silver Spring, MD, with offices in Braintree, MA and San Francisco, CA the company currently has nearly 5,000 (MWs) of conventional generation projects in various stages of development across North America. The company's Asset Management division has more than 4,500MWs of natural gas generation under management and is currently expanding its expertise into ethanol plant management. CPV Renewable Energy Company (CPV REC) is currently developing 5,000 MWs of wind power and solar power projects across North America. Find out more at www.cpv.com.
Source: CPV Renewable Energy Company
Wednesday, September 30, 2009
Friday, September 25, 2009
Green Star Negotiating a Joint Venture to Construct 120 MW Wind Farm
Green Star Alternative Energy, Inc. (Pink Sheets: GSAE; "GSAE" or the "Company") (http://www.greenstarae.com) announces that the Company is in negotiations with a private corporation for the development of a 120 MW wind energy facility. The project is in the advanced stages of pre-construction and in a high wind velocity zone.
The 120 MW wind farm is to be sited in North East Serbia - specifically in the Municipality of Pancevo, District of Banat, within the Autonomous Province of Vojvodina. Over 28 months of wind resource data has been accumulated over three micro locations and the results indicate significant energy potential. A "Protocol of Cooperation" has been signed by the City of Pancevo, Secretariat of Energy for AP Vojvodina, and the Serbian Energy Efficiency Agency; and a license for grid connection is in process by the national transmission operator (EMS).
Data analysis has been conducted using the Wind Atlas Analysis and Application Program (WAsP); it has provided optimal wind turbine positioning for 60 - 2 MW generators. The existing 110 kV overhead line runs adjacent to the site and allows for economical integration to the electrical grid; in addition, the transportation infrastructure further eases the construction process. The 120 MW wind energy facility is expected to generate revenues in excess of $62 million per annum.
Mike Andric, CEO of Green Star Alternative Energy, stated: "This is an important development for both Green Star and the Republic of Serbia. The project will firmly establish wind as the foremost renewable energy source for the entire region by supplying over 40,000 homes with electricity."
About GSAE
Green Star Alternative Energy is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.
Investor Relations:
Toll-Free: (877) 257-GSAE (4723)
gsaeir(at)gmail.com
www.greenstarae.com
FORWARD-LOOKING STATEMENTS
This press release contains 'forward-looking statements'. These are statements concerning plans, objectives, goals, strategies, expectations, estimates, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. In some cases forward-looking statements can be identified by the use of forward-looking words such as 'believes,' 'expects,' 'may,' 'will,' 'should,' or 'anticipates,' 'estimates,' or the negative of these words or other variations of these words or comparable words, or by discussions of plans or strategy that involve risks and uncertainties. Management wishes to caution the reader that these forward-looking statements, including, but not limited to, statements regarding the Company's plans, goals the estimates and assumptions, and the business strategy of the Company and other matters that are not historical facts are only predictions. No assurances can be given that such predictions and the estimates regarding mineral reserves, success of mining plans, or other projections will prove correct or that the anticipated future results will be achieved. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, the intense competition the company faces from others, and technological changes. Any one or more of these or other risks could cause actual results to differ materially from the future results indicated, expressed, or implied in such forward-looking statements.
Source: Green Star Alternative Energy, Inc.
The 120 MW wind farm is to be sited in North East Serbia - specifically in the Municipality of Pancevo, District of Banat, within the Autonomous Province of Vojvodina. Over 28 months of wind resource data has been accumulated over three micro locations and the results indicate significant energy potential. A "Protocol of Cooperation" has been signed by the City of Pancevo, Secretariat of Energy for AP Vojvodina, and the Serbian Energy Efficiency Agency; and a license for grid connection is in process by the national transmission operator (EMS).
Data analysis has been conducted using the Wind Atlas Analysis and Application Program (WAsP); it has provided optimal wind turbine positioning for 60 - 2 MW generators. The existing 110 kV overhead line runs adjacent to the site and allows for economical integration to the electrical grid; in addition, the transportation infrastructure further eases the construction process. The 120 MW wind energy facility is expected to generate revenues in excess of $62 million per annum.
Mike Andric, CEO of Green Star Alternative Energy, stated: "This is an important development for both Green Star and the Republic of Serbia. The project will firmly establish wind as the foremost renewable energy source for the entire region by supplying over 40,000 homes with electricity."
About GSAE
Green Star Alternative Energy is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.
Investor Relations:
Toll-Free: (877) 257-GSAE (4723)
gsaeir(at)gmail.com
www.greenstarae.com
FORWARD-LOOKING STATEMENTS
This press release contains 'forward-looking statements'. These are statements concerning plans, objectives, goals, strategies, expectations, estimates, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. In some cases forward-looking statements can be identified by the use of forward-looking words such as 'believes,' 'expects,' 'may,' 'will,' 'should,' or 'anticipates,' 'estimates,' or the negative of these words or other variations of these words or comparable words, or by discussions of plans or strategy that involve risks and uncertainties. Management wishes to caution the reader that these forward-looking statements, including, but not limited to, statements regarding the Company's plans, goals the estimates and assumptions, and the business strategy of the Company and other matters that are not historical facts are only predictions. No assurances can be given that such predictions and the estimates regarding mineral reserves, success of mining plans, or other projections will prove correct or that the anticipated future results will be achieved. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, the intense competition the company faces from others, and technological changes. Any one or more of these or other risks could cause actual results to differ materially from the future results indicated, expressed, or implied in such forward-looking statements.
Source: Green Star Alternative Energy, Inc.
Labels:
Green Star Alternative Energy,
Serbia,
Wind Energy,
Wind Farm
Wednesday, September 23, 2009
Applied Materials to Support ENN's Solar PV Module Facility in China
Applied Materials Inc. has signed a five-year contract with ENN Solar Energy Co. Ltd to support ENN's solar photovoltaic (PV) module manufacturing facility in Langfang, China, which features an Applied SunFab Thin Film Line. Through its highly-flexible SunFab Performance Service program, Applied will provide ENN with continuous operating cost reductions while enabling optimal performance from the SunFab production line at a predictable cost that scales with factory loading. Applied's SunFab Performance Service program has been selected by all of Applied's customers currently producing single and tandem junction modules on SunFab lines.
"ENN sees joining with Applied Global Services as a powerful strategy to optimize the return on our investment in our SunFab line," said Dr. Rick Wan, General Manager of ENN Solar. "This agreement will allow us to replace much of our fixed cost infrastructure with a variable alternative that can flex as the market changes. This flexibility will free us to focus on successfully delivering high-performance, low-cost modules to our customers, helping them win in the marketplace."
"We believe the combination of the revolutionary SunFab Thin Film Line and SunFab Performance Service delivers the fastest path to the lowest cost-per-watt and maximized megawatt output," said Charlie Pappis, Vice President and General Manager of Applied Global Services. "The fact that all of our SunFab customers producing modules have selected SunFab Performance Service for ongoing support is a strong testament to the value proposition we offer."
Under the agreement, Applied will leverage its dedicated, world-class service infrastructure to provide ENN's SunFab Thin Film Line with preventive and corrective maintenance, spare parts management, and analytical services. Using an unmatched range of engineering, logistics and automation software technologies, highly-experienced local support experts will optimize equipment performance, maximize manufacturing output and assure consistent cell characteristics. In addition, Applied and ENN will work together to develop continuous improvement programs that aim to increase module efficiency and lower operating costs.
About ENN
ENN Solar Energy, a member of ENN Group, is a leader in the manufacturing of large-size thin film module products. The company produces and markets high performance silicon thin film modules of up to 5.7m² per panel at low cost. Focusing on technology innovation and the environmental improvement, ENN Solar's mission is to make clean renewable energy more affordable and available worldwide. Learn more at www.ennsolar.com.
About Applied Materials
Applied Materials Inc. is the global leader in Nanomanufacturing Technology solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live. Learn more at www.appliedmaterials.com.
Source: Business Wire
"ENN sees joining with Applied Global Services as a powerful strategy to optimize the return on our investment in our SunFab line," said Dr. Rick Wan, General Manager of ENN Solar. "This agreement will allow us to replace much of our fixed cost infrastructure with a variable alternative that can flex as the market changes. This flexibility will free us to focus on successfully delivering high-performance, low-cost modules to our customers, helping them win in the marketplace."
"We believe the combination of the revolutionary SunFab Thin Film Line and SunFab Performance Service delivers the fastest path to the lowest cost-per-watt and maximized megawatt output," said Charlie Pappis, Vice President and General Manager of Applied Global Services. "The fact that all of our SunFab customers producing modules have selected SunFab Performance Service for ongoing support is a strong testament to the value proposition we offer."
Under the agreement, Applied will leverage its dedicated, world-class service infrastructure to provide ENN's SunFab Thin Film Line with preventive and corrective maintenance, spare parts management, and analytical services. Using an unmatched range of engineering, logistics and automation software technologies, highly-experienced local support experts will optimize equipment performance, maximize manufacturing output and assure consistent cell characteristics. In addition, Applied and ENN will work together to develop continuous improvement programs that aim to increase module efficiency and lower operating costs.
About ENN
ENN Solar Energy, a member of ENN Group, is a leader in the manufacturing of large-size thin film module products. The company produces and markets high performance silicon thin film modules of up to 5.7m² per panel at low cost. Focusing on technology innovation and the environmental improvement, ENN Solar's mission is to make clean renewable energy more affordable and available worldwide. Learn more at www.ennsolar.com.
About Applied Materials
Applied Materials Inc. is the global leader in Nanomanufacturing Technology solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live. Learn more at www.appliedmaterials.com.
Source: Business Wire
Wednesday, September 2, 2009
Political Arm-Twisting for Massive Delaware Bay Wind Farm
New Jersey under Pressure to Lift Ban on Wind Turbines in Migratory Bird Flyway
The New Jersey Department of Environmental Protection is being pressed behind-the-scenes to drop its opposition to wind farms in Delaware Bay, an internationally recognized migratory bird stopover, according to e-mails released today by Public Employees for Environmental Responsibility (PEER). Documents reveal a powerful South Jersey Senator and a former DEP Commissioner pushing to reverse a DEP scientific finding that Delaware Bay “is not appropriate for a large-scale wind turbine project due to…impacts to migratory and other bird populations.”
Senate Democratic Majority Leader Stephen Sweeney, whose district borders the Bay, is backing plans by Delsea Energy to put more than 100 wind turbines to produce more than 380 megawatts in the state waters of Delaware Bay. Former DEP Commissioner Bradley Campbell is an attorney representing Delsea.
On June 11, 2009, Delsea officials, Sweeney and Campbell met with DEP Commissioner Mark Mauriello, Deputy Commissioner Jay Watson, and Assistant Commissioner Scott Brubaker in Sweeney's state house office. Mauriello and Campbell later had a private conversation on the subject but then DEP staff wrote Delsea that Delaware Bay is an unsuitable location for wind energy development:
“…the Department has determined that we have, over many years of study and evaluation, developed sufficient information regarding the diversity, scope, and importance of avian resources in and around the Delaware Bay. Based on these data, we conclude that, at this time, this area is not appropriate for a large-scale wind turbine project…”
On August 25, 2009, Campbell wrote a sharp e-mail to Mauriello objecting to DEP's decision:
"When you and I spoke, you said to expect a letter from land use suggesting a meeting to review technical concerns about the Delsea monitoring application….Did I misunderstand, or has the Department's position changed from what you described?...Is it really the Department's view that private parties will not have the opportunity to collect data that might modify, rebut, or qualify F&W's broad conclusions about the entire Bay? I don't want to protract a debate or impose unduly on your time, but the letter is quite different from what I expected based on our conversation.”
“This case is yet another perfect example of why the back channels at DEP need to be closed,” stated New Jersey PEER Director Bill Wolfe, a former DEP analyst, who has been pushing for transparency, revolving door and whistleblower protection reforms. “The future of Delaware Bay should not be decided in a private huddle or by crony politics.”
Delaware Bay sits on the great Atlantic Flyway and is a vital stopover for plovers, sandpipers, and other shorebirds migrating from South America to stop and feed on horseshoe crab eggs before heading to their Arctic breeding grounds. Delsea wants to put arrays of turbines one mile offshore covering an area of 42 square miles in northwestern Delaware Bay.
“Delaware Bay should not become a deli for slicing up migratory birds,” Wolfe added, voicing concern about recent examples of DEP altering or suppressing its scientific studies under political pressure. “DEP should stand firm behind the overwhelming science and not cave in as they have in the past.”
This June, the U.S. Interior Department granted five wind energy leases on sites more than six miles offshore in federal waters.
Public Employees for Environmental Responsibility (PEER) is a national alliance of local state and federal resource professionals. PEER's environmental work is solely directed by the needs of its members. As a consequence, we have the distinct honor of serving resource professionals who daily cast profiles in courage in cubicles across the country.
The New Jersey Department of Environmental Protection is being pressed behind-the-scenes to drop its opposition to wind farms in Delaware Bay, an internationally recognized migratory bird stopover, according to e-mails released today by Public Employees for Environmental Responsibility (PEER). Documents reveal a powerful South Jersey Senator and a former DEP Commissioner pushing to reverse a DEP scientific finding that Delaware Bay “is not appropriate for a large-scale wind turbine project due to…impacts to migratory and other bird populations.”
Senate Democratic Majority Leader Stephen Sweeney, whose district borders the Bay, is backing plans by Delsea Energy to put more than 100 wind turbines to produce more than 380 megawatts in the state waters of Delaware Bay. Former DEP Commissioner Bradley Campbell is an attorney representing Delsea.
On June 11, 2009, Delsea officials, Sweeney and Campbell met with DEP Commissioner Mark Mauriello, Deputy Commissioner Jay Watson, and Assistant Commissioner Scott Brubaker in Sweeney's state house office. Mauriello and Campbell later had a private conversation on the subject but then DEP staff wrote Delsea that Delaware Bay is an unsuitable location for wind energy development:
“…the Department has determined that we have, over many years of study and evaluation, developed sufficient information regarding the diversity, scope, and importance of avian resources in and around the Delaware Bay. Based on these data, we conclude that, at this time, this area is not appropriate for a large-scale wind turbine project…”
On August 25, 2009, Campbell wrote a sharp e-mail to Mauriello objecting to DEP's decision:
"When you and I spoke, you said to expect a letter from land use suggesting a meeting to review technical concerns about the Delsea monitoring application….Did I misunderstand, or has the Department's position changed from what you described?...Is it really the Department's view that private parties will not have the opportunity to collect data that might modify, rebut, or qualify F&W's broad conclusions about the entire Bay? I don't want to protract a debate or impose unduly on your time, but the letter is quite different from what I expected based on our conversation.”
“This case is yet another perfect example of why the back channels at DEP need to be closed,” stated New Jersey PEER Director Bill Wolfe, a former DEP analyst, who has been pushing for transparency, revolving door and whistleblower protection reforms. “The future of Delaware Bay should not be decided in a private huddle or by crony politics.”
Delaware Bay sits on the great Atlantic Flyway and is a vital stopover for plovers, sandpipers, and other shorebirds migrating from South America to stop and feed on horseshoe crab eggs before heading to their Arctic breeding grounds. Delsea wants to put arrays of turbines one mile offshore covering an area of 42 square miles in northwestern Delaware Bay.
“Delaware Bay should not become a deli for slicing up migratory birds,” Wolfe added, voicing concern about recent examples of DEP altering or suppressing its scientific studies under political pressure. “DEP should stand firm behind the overwhelming science and not cave in as they have in the past.”
This June, the U.S. Interior Department granted five wind energy leases on sites more than six miles offshore in federal waters.
Public Employees for Environmental Responsibility (PEER) is a national alliance of local state and federal resource professionals. PEER's environmental work is solely directed by the needs of its members. As a consequence, we have the distinct honor of serving resource professionals who daily cast profiles in courage in cubicles across the country.
Labels:
Delaware Bay,
New Jersey,
PEER,
Wind Energy,
Wind Farm
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