Gamesa and partner suspending further development of offshore wind turbine off VA, citing massive amounts of capital needed to pursue project with cloudy future due to uncertain fed support.
Solar-geotherm hybrid plant now fully operating in NV. 59MW max cap. Italy's Enel Green Power subsid owns. 26MW of solar added to geo plant online since '09.
FP&L started operating its hybrid in '10, adding a $476M, 75MW solar farm to supply heat to 3.7GW combined-cycle plant - largest fossil fuel plant in US.
Wind industry installed 1.7GW of capacity in Q1 in US. 788 turbines in 17 states. Total US wind cap now 48.6GW. >8.9GW in construction during Q1 in 31 states.
Chile comp started on country's largest wind farm - 115MW. Siemen turbines. Online early '14. Will get strong coastal winds.
Enbridge, FSLR completed 50MW soalr farm in north NV. 1st utility-scale solar plant on public lands.
Calpine got regulator approval to build 2 more geotherm plants in Cal. $700M for 100MW. 1st plant could be online in '14 depending on PPA. Comp currently ops 15 geo plants at the location producing up to 725MW.
US firms lagging European on sustainability.
Spain, Italy, Portuguese, Greek stock markets all down at least 33% in last 12 months.
Security industry in US gets ~8% of GDP - about same amount as deficit.
Scotland plans 100% clean/renewable elgen by '20. Last year they were @ 35%.
Pike Research: offshore wind power production expected to reach $104B in revs by '17. 53% annual growth.
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