1100MW wind turbine agreement

1100MW wind turbine agreement

Wind NEWS 1100MW wind turbine agreement EU Energy, Inc. has entered into India for the purchase of 300 an agreement with Exergy MW in D-6 and D-8 ...

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Wind NEWS

1100MW wind turbine agreement EU Energy, Inc. has entered into

India for the purchase of 300

an agreement with Exergy

MW in D-6 and D-8 turbines

Development Group LLC for the

over the next 3 years and plans

purchase of up to 550 of its

to have those turbines manufac-

D8.2 wind turbines. Under the

tured in India. The purchase

agreement, Exergy which is

price is approximately $1 million

developing several wind power

per megawatt. EU has recently

projects across the U.S., has the

signed license agreements in

right to purchase the DeWind

China for the production of D-6

D8.2 turbines over a five-year

and D-8 turbines.

period commencing in 2007.

EU Energy Inc is a wholly owned

The DeWind D8.2 is an

subsidiary of EU Energy plc, an

product by enabling EU Energy to

EU Energy Group is positioning

enhancement of the highly reli-

alternative energy group based in

offer a complete solution to those

itself to offer the latest in energy

able D8 turbine and incorporates

Milton Keynes, UK. In July 2005

wishing to combine clean genera-

efficient technology to its cus-

the Voith WinDrive hydro-

EU Energy plc acquired DeWind

tion technology with high per-

tomers, and today's agreement

dynamic torque converter. The

GmbH from FKI plc in the UK. In

formance transmission and distri-

will enable us to further that goal.

converter allows constant speed

a recent development at EU

bution cables. Michael Porter,

Our wind generation technology

rotation of the synchronous gen-

Energy, Composite Technology

Chairman and CEO of EU Energy

together with the ACCC cable

erator, creating a 13.8kv output,

Corporation (a leading developer

plc stated: "The association with

will contribute greatly to increas-

thus allowing for the D8.2 to be

of high-temperature, low sag

CTC will allow us to provide a

ing the "clean energy" power

directly connected to the grid

(HTLS) conductors for electric

complete solution to our cus-

delivered to users over transmis-

and negating the need for a

transmission and distribution

tomers, from generation to inter-

sion and distribution grids."

transformer on the turbine. EU

lines) announced that it has con-

connection, including expansion

Contact: Layla Porter, EU Energy,

Energy has an exclusive agree-

cluded a Letter of Intent with cer-

of the capacity of the transmis-

Tel: +44 1908 424 455; e-mail:

ment until 2013 for use of the

tain binding agreements to

sion system through which our

[email protected];

Voith converter in wind turbines

acquire the entire share capital of

systems must deliver power. The

www.eunrg.com

up to 2.6MW capacity. EU

EU Energy plc (EU Energy), from

Energy plans to have an assem-

its shareholders in exchange for

bly plant in the U.S. in operation

common stock of CTC. CTC

by the first quarter of 2007. In

believes that a strategic invest-

late December of 2005, EU

ment in EU Energy may enhance

announced an agreement in

the sales of its ACCC cable

RE to be $167 billion market within decade The global market for renewable

report added green fuels from

energies will expand 400% in the

ethanol and biodiesel, which

next decade, reaching US$167

generated global revenue of $16

billion, predicts a US-based

billion in 2005 and will grow to

research firm. The market for

$53 billion by 2015, the report

wind, solar PV, biofuels and fuel

predicts. Revenue for biofuels

cells had global revenues of $40

grew 15% from 2004 to 2005,

billion last year, Clean Edge notes

and exceeded wind or solar in

in 'Clean Energy Trends 2006.'

2005 global revenues. The sale of

Markets for solar (including PV

renewables would expand if oil

modules, system components

prices stay high and the cost of

and installations) will grow from

technology falls, explains lead

$11 billion last year to $51 billion

author Joel Makower. "For the

by 2015; wind will expand from

first time in modern history,

$12 to $49 billion; while fuel

clean-energy technologies are

cells and distributed hydrogen

becoming cost-competitive with

will grow from $1 billion to $15

their 'dirtier' counterparts."

billion by 2015. The annual

cleanedge.com

www.re-focus.net

March/April 2006

reFOCUS 9