in News Departments > New & Noteworthy
print the content item

Spanish utility company Iberdrola has announced that it will invest $8 billion in the U.S. renewable energy market during the period of 2008-2010.

According to Ignacio Galan, president of Iberdrola, the company's goal is to more than double its wind power capacity in the U.S., where at the end of the first quarter of 2008 it had almost 2,400 MW of power and plans to finish the year with 3,600 MW.

In addition, Galan says that Iberdrola hoped to reach a quota of 15% of growth in the wind power market in North America by 2010.

SOURCE: Iberdrola


Trachte Inc._id1770
Latest Top Stories

Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.


Five Common Gearbox Failures And How To Identify Them

Wind turbine gearbox failures are a major source of unplanned maintenance costs. An expert explains the most frequent failure modes and offers prevention tips.

UEA_id1896
JLG_id1900
WomenofWind_id
Acciona_id1907
bonfiglioli_id1913
AWEA_id1886