Archive for the ‘wind’ Category
Leave it to the French to make something as mundane as a wind turbine into a work of art by installing two of them on the Eiffel Tower.
Yes, that Eiffel Tower, which itself is a monument to both creativity and sustainability: when it was built in 1889 it was only intended to last for 20 years. In the ensuing 126 years the tower has gone through many renovations, but the latest sends a decidedly green message whirling into the future.
Earlier this year, the renewable energy firm Urban Green Energy installed two wind turbines inside the metal scaffolding of the tower. The turbines will produce 10,000 kilowatt hours, enough to power the tower’s first floor commercial establishments, which include restaurants, a souvenir shop, and exhibits about the history of the tower.
The turbines are part of a plan to reduce the environmental impact of the tower. Société d’Exploitation de la Tour Eiffel (SETE), the organization that runs the tower, is also installing rainwater collection systems, LED lights, and solar panels on it. Read the rest of this entry »
The nation’s first offshore wind farm on the Pacific Coast cleared a crucial federal hurdle when Seattle’s Principle Power received approval to move forward on a commercial lease for the proposed $200 million, 30 Mw project.
Principle Power received the go-ahead last month from a Department of the Interior agency to lease 15 square miles of federal waters 18 miles from Coos Bay, Oregon. If the lease request gets final approval, the WindFloat Pacific project would anchor the first offshore turbines in federal waters on the West Coast. It also would be the first in the nation to use triangular floating platforms instead of single piles driven into the ocean floor. Read the rest of this entry »
More than $1.5 billion from two sources, one private and the other public, is going for renewable energy and clean technology projects.
The private venture capital firm Khosla Ventures said earlier this month that it closed on more than $1 billion in funding under two new venture funds with at least two-thirds of the money allocated for clean-tech investments, according to Samir Kaul, a general partner at the Menlo Park, CA firm.
Kholsa Ventures was founded in 2004 by Vinod Khosla, the founder and first CEO of Sun Microsystems. The firm offers venture assistance, strategic advice and capital for entrepreneurs working mainly in clean-tech areas such solar, battery, high efficiency engines, lighting, greener materials like cement, glass and bio-refineries for energy abd bioplastics, and other eco-friendly technologies.
In the two new venture funds announced early this month Khosla closed on a roughly $250 million Seed Fund designed to make investments of around $2 million each, Kaul says.
The firm also closed Khosla Ventures III at about $800 million, which will back companies with initial investments of $5 to $10 million.
This was Khosla’s first foray into raising funds from outside investors and the largest clean-tech funding by a single venture capital firm since 2007.
California Public Employees’ Retirement System (Calpers) was an investor along with other unidentified pension funds, university endowments and foundations.
Kaul estimated both funds will be invested over the next three to five years, adding that Khosla is looking into various sub-sectors of clean-tech with a special focus on building materials and bioplastics.
Those “are very big markets and they are growing and there’s a lot of consumer demand,” he said.
Current bioplastics investments by Khosla include Draths Corp. of Okemos, MI and Segetis Inc. of Golden Valley, MN. Its building materials portfolio includes two California companies, Soladigm of Santa Rosa and the cement company Calera Corp., of Los Gatos.
So far this year Khosla has added seven new portfolio companies in the clean technology sector. These include Skywatch Energy in solar, HCL CleanTech Ltd. in cellulosic sugars, Hybra-Drive Systems LLC in efficiency, and Rayspan Corp. and SeaMicro Inc. in information technology.
Stimulus grants awarded by DOE and Treasury are in the first round of about $3 billion in direct payments to companies in lieu of tax credits that will eventually support an estimated 5,000 biomass, solar, wind and other renewable energy production facilities.line “These grants will help America’s businesses launch clean energy projects, putting Americans back to work in good construction and manufacturing jobs,” said Energy Secretary Steven Chu.
Companies receiving the most money involved wid farm projects, including the Penascal wind farm ($114.1 million) in Sarita, TX; the Locust Ridge II, LLC wind project ($59.2 million) in Shenandoah, PA; the Canandaigua Power Partners, LLC wind project ($52.4 million) in Cohocton, NY; and the Wheat Field wind farm ($47.7 million) in Arlington, OR.\line Iberdrola Renewables Inc., a subsidiary of Spain’s Iberdrola SA was awarded $294.9 million for five wind projects, bringing the company’s investment so far in U.S. wind power to about $1 billion. The 12 winning projects could produce 840 megawatts of electricity, representing a 3 percent increase in total U.S. renewable electricity generation capacity, the Energy Department said.
The Department of the Interior last week issued five “exploratory leases” for offshore wind energy production on the Outer Continental Shelf off of New Jersey and Delaware.
The leases are the first of this type issued by the Federal Government, which is why they are called exploratory, and not breaking wind perhaps. They were developed under an interim policy from the department and authorize data gathering activities, allowing for the construction of meteorological towers on the Outer Continental Shelf from six to 18 miles offshore to collect site-specific data on wind speed, intensity, and direction.
“New Jersey’s Outer Continental Shelf is a resource that holds a great promise for our energy independence and should be considered a haven for the clean, renewable and environmentally friendly energy that wind power provides,” said New Jersey Governor Dave Corzine. “This is a major step for the state in meeting its goal of 1000 megawatts by 2013 and 3000 megawatts by 2020,” He said.
Interior Secretary Ken Salazar issued the exploratory leases to Bluewater Wind New Jersey Energy, LLC; Fishermen’s Energy of New Jersey, LLC; Deepwater Wind, LLC; and Bluewater Wind Delaware, LLC.