in News Departments > New & Noteworthy
print the content item

The Export-Import Bank of the United States (Ex-Im Bank) has approved a $28.6 million direct loan to Energia Eolica de Honduras S.A.

The transaction helps expand a wind farm the Ex-Im Bank first supported in 2010, when it financed 51 Gamesa-built turbine generators for the 126 MW Cerro de Hula Wind Farm, located in Honduras.

With the additions from this transaction, the wind farm will have 63 wind turbines and a total installed capacity of 126 MW.

The Ex-Im Bank notes that Gamesa will manufacture and export six G87 and six G-97 2 MW turbines.

"While the U.S. wind industry slowly is recovering after late renewal of the U.S. production tax credit in January, thanks to Ex-Im Bank, these export projects are creating new business opportunities in emerging markets and are supporting good-paying jobs throughout the entire supply chain," says David Flitterman, Gamesa's North American chairman.


Trachte Inc._id1770
Latest Top Stories

New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit through 2016, among other things.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008
UnitedEquip_id1995