Showing posts with label WIND TURBINES. Show all posts
Showing posts with label WIND TURBINES. Show all posts

Monday, July 14, 2014

EXPORT-IMPORT BANK PROVIDES $64.5 MILLION DIRECT LOAN TO URUGUAYAN COMPANY TO PURCHASE U.S. WIND TURBINES

FROM:  EXPORT-IMPORT BANK 
Ex-Im Bank Finances Export of U.S.-Manufactured Wind Turbines to Talas de Maciel Wind Farm in Uruguay 

Washington, D.C. – The Export-Import Bank of the United States (Ex-Im Bank) is providing a $64.5 million direct loan to Astidey S.A., in Montevideo, Uruguay, for the purchase of U.S.-manufactured wind-turbine generators being exported by Gamesa Technology Corporation Inc., headquartered in Feasterville-Trevose, Pa.

The authorization, which is Ex-Im Bank's second wind transaction in Uruguay, will support approximately 400 U.S. jobs, according to bank estimates derived from Departments of Commerce and Labor data and methodology.

Gamesa will supply, transport, install and commission 25 of its G97 2.0-megawatt (MW) wind turbines in the 50 MW Talas de Maciel I wind farm in the Department of Flores, Uruguay, located approximately 135 kilometers northwest of Montevideo. The agreement also includes Gamesa’s operation and maintenance of the facility for 20 years.

"We at Ex-Im Bank are committed to providing the export financing needed to support American jobs in a very competitive global marketplace," said Ex-Im Bank Chairman and President Fred P. Hochberg. "By supporting exports in the renewable-energy sector, we are not only creating jobs here at home but ensuring that American manufacturing continues to thrive."

The Bank’s support for the transaction was needed due to a lack of long-term financing available from commercial lenders. Wind-energy projects typically require longer repayment terms due to the extended amount of time needed for installation and operation at full capacity.

"Gamesa has a strong track record of Latin American projects supported by Ex-Im Bank, which continues to work with us to create new opportunities for growth and expansion. With their competitive rates and expertise, Ex-Im Bank is opening up new markets for U.S.-manufactured goods, which is helping to sustain American jobs across the supply chain," said Borja Negro, CEO of Gamesa North America.

In fiscal year 2013, Ex-Im Bank authorized a $72.6 million loan to support Gamesa’s exports to Palmatir S.A., in Uruguay. The Bank has also supported Gamesa’s exports to wind-energy projects in Costa Rica and Honduras, including the Cerro de Hula project in Honduras, the largest wind farm in Latin America.

Gamesa Technology Corp. designs, manufactures and installs wind-turbine generators and specializes in the turnkey development, operation and maintenance of wind farms. Gamesa has installed more than 29 gigawatts of wind-energy capacity in 44 countries on five continents. The company has more than 19,500 MW under operation and maintenance service contracts globally.

Tuesday, November 27, 2012

U.S. NAVY ANNOUNCES WIND FARM AGREEMENT IN SOUTH TEXAS


Photo:  Wind Turbines.  Credit:  U.S. Air Force.

FROM: U.S. NAVY

Navy, DoD, Developer Announce Wind Farm Agreement to Preserve Training Mission in South Texas

By Kenneth Hess, Chief of Naval Operations Energy and Environmental Readiness Division Public Affairs

NAVAL AIR STATION (NAS) KINGSVILLE, Texas (NNS) (NNS) -- Officials from the Department of Defense (DoD), the Department of the Navy (Navy), E.ON Climate & Renewables North America, LLC (ECRNA), and Petronila Wind Farm, LLC, owned by ECRNA (Petronila Wind), announced a memorandum of agreement (MOA) Nov. 26 to allow the developer to build and operate new wind turbines in Nueces County, Texas, while working to protect the Navy's ability to continue its training mission at NAS Kingsville and NAS Corpus Christi.

Representatives from each organization participated in a ceremony and base tour to commemorate the agreement.

Signatories to the agreement include Acting Deputy Under Secretary of Defense for Installations and Environment, John Conger; Principal Deputy (Acting) Assistant Secretary of the Navy for Energy, Installations and Environment, Joseph Ludovici; Deputy Director, Chief of Naval Operations Energy and Environmental Readiness Division, John Quinn; Commander, Navy Installations Command, Vice Adm. William French; Commander, Navy Region Southeast, Rear Adm. Jack Scorby; Commanding Officer, NAS Corpus Christi, Capt. David Edgecomb; Commanding Officer, NAS Kingsville, Capt. Mark McLaughlin; Vice President of Petronila Wind, Paul Bowman; and Chief Executive Officer, ECRNA, Steve Trenholm.

Under the MOA, ECRNA will install and operate up to 100 wind turbines at the Petronila Wind Farm site.

"The Navy is at the forefront of alternative energy use and production, and the Navy supports such projects when they are compatible with our mission," said Rear Adm. Scorby. "The agreement will enable this wind turbine project to move forward while putting measures in place that work to preserve vital pilot training capability at NAS Kingsville and NAS Corpus Christi."

Under the agreement, ECRNA will provide $750,000 in funding to DoD for researching, testing and implementing solutions to mitigate potential impacts. Mitigation efforts could include upgrades that allow the Navy radars to more accurately detect aircraft; optimizing radars to "ignore" signals received from wind turbines, incorporating new systems that fill in radar gaps, and other technical modifications. To reduce the potential of radar interference, the new turbines will be limited to 500 feet in height and will be confined to one 5 by 7 mile site within the existing Petronila Wind Farm project boundary.

The agreement establishes a specific set of procedures the Navy and ECRNA will use to safely curtail wind turbines when and if needed, and to document and address emerging concerns. In addition, Navy, DoD, and Petronilla Wind will form a joint working group to study the effectiveness of the mitigation measures implemented

"This agreement is a collaborative effort that proves the military and the wind industry can find solutions that protect bases and still allow responsible development," said Steve Trenholm, CEO, ECRNA.

The Navy and the Department of Defense will continue working closely with renewable energy developers and local communities in South Texas to ensure local wind turbine projects can coexist with the Navy mission.


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