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

Sen. Grassley Makes Another Legislative Push For Wind PTC Extension

U.S. Sen. Chuck Grassley, a long-time wind power advocate, recently made an effort to bring attention to the importance of a production tax credit extension.


Alberta Breaks Wind Power Record, Then Does It Again

Last week, the Alberta Electric System Operator recorded new wind production peaks in the Canadian province - highlighting how well the grid integrated the renewable energy.


Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.

Canwea_id1984
Renewable NRG_id1934
Navigant_id1983