July 17, 2013

This week in Windpower Monthly

12 July 2013: French wind industry in disarray following ECJ conclusion
The Advocate General of the European Court of Justice has concluded that the French tariff system for wind power falls within the concept of state aid.

12 July 2013: Uncertainty could derail Euro offshore growth, warns EWEA
Market uncertainty in Europe could lead to problems financing offshore projects and derail the growth in the sector, according to European Wind Energy Association.

15 July 2013: Spanish reform to deliver further blows
Spain's wind sector predicts "a torrent of financial problems" following Friday's approval of the Spanish government's power sector law, retroactively slashing returns on wind power generation.

16 July 2013: Greek draft law could break wind sector
The Greek government is drafting a law to push back the determination of a feed-in tariff (FIT) to the moment when a project is connected to the grid.

17 July 2013:
Forecast or pay penalties, India tells wind power producers

Wind farm operators in India now face fines if they fail to accurately predict their output for the following day under a new directive that came into force on 15 July.

10 July 2013: Iberdrola sells Turkish wind portfolio
Turkish engineering firm Guris has confirmed that it has acquired 100% of Spanish utility Iberdrola's wind portfolio in Turkey, totalling 133MW.

16 July 2013: Iberdrola seeks buyer for Romanian wind farms
Iberdrola has put Romanian wind assets on the sales block, as as the Spanish power company continues with the disposal of non-strategic assets.

1 January 2013: GE leads deal to buy Iberdrola wind farms
Iberdrola, the owner of Scottishpower, is selling its French wind farm business to a consortium led by American industrial giant General Electric for about €400 million (£326.4m) in its drive to cut debt and maintain an investment grade credit rating.

9 January 2013: Wind company leaves Hammond [New York]
Iberdrola Renewables has confirmed that the meteorological test towers have been disabled and the company will no longer pursue developing the Stone Church industrial wind farm in Hammond, a project the company has been courting for the past several years.

15 January 2013: Iberdrola: Uncertainty continues for wind project development
Iberdrola Renewables is again confirming its commitment to the U.S. market — and the Pacific Northwest — after reports that the company is abandoning wind projects in the face of a continued weak market for renewable energy. After a New York news weekly reported that Iberdrola was canceling 100 projects in the U.S., the company came out in news reports to reaffirm its plans to remain active developing renewable energy projects here, while acknowledging the pipeline will be "rightsized."

24 June 2013: Wind developer abandons Ellis County [Kansas] project
In a registered letter delivered to many residents in the area today, Iberdrola Renewables, LLC said, “A variety of circumstances have led the company to the conclusion that it cannot move forward with developing the wind resources on the Property. As such, pursuant to the terms of the Agreement, Iberdrola Renewables, LLC is terminating the Agreement effective July 20, 2013.”

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