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Vietnam Development Bank (VDB) on Tuesday signed a credit agreement worth US$1 billion with Export-Import Bank of the U.S. to fund a major wind power development plan in the Mekong Delta in 2011-2015, said Nguyen Viet Cuong, general director of VDB’s Transaction Office 2.
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Worldwide wind power capacity reached 215 GW by the end of June 2011, 18.405 GW of which were added in the first six months of the year. This represents a 15% increase over the first half of 2010, when only 16 GW were added, according to WWEA.
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Ford’s U.K. Dagenham Diesel Engine Assembly Line will soon be fully powered again by wind. The addition of a new production line at the plant is spurring the construction of a third turbine in order to keep the plant at 100-percent powered by wind-generated electricity.
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This evolution is on display at the American Wind Power Center in Lubbock, which bills itself as the world’s largest windmill museum.
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Many green taxes are raised to help fund Britain's attempt to generate a third of its electricity from wind power by 2020. However, the CBI, the business group, pointed out yesterday that many taxes have become "counter-productive".
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China’s biggest wind turbine maker has taken a large step into the European market long dominated by local manufacturers, with a €1.5bn ($2.1bn) Irish wind farm deal.
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Handbook ‘Information on the wind energy sector in Viet Nam’ provides necessary details about the valid legal framework and incentives by Vietnamese Government for investors of wind power in Vietnam. It also gives crucial information about investment procedures and financial options.
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Wadebridge in Cornwall has moved another step towards becoming the first solar powered town in the UK, as PV installations begin to go up across the municipality. The area aims to generate at least a third of its electricity from solar and wind power by 2015, which is the equivalent of 15,000MWh a year. By generating renewable energy at this level, Wadebridge will be able to benefit significantly from the UK’s feed-in tariff, enabling significant cash contributions for local community projects.
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100% of the barracks and households in Truong Sa District (The Spratly - Khanh Hoa Province) can now use electric energy for their work and life, with the continuous supply for 24 hours a day. The whole district is now under television and telephone coverages. It is special that all the electric energy used in this island district is produced from wind power and solar energy. So far, Truong Sa has been the first district in the country to use clean energy sources.
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Deputy Prime Minister confirmed this would be an important legal basis for investors to implement projects exploiting potential renewable energy sources, especially a series of wind power projects in the South Central Province, on islands and in remote areas. He also signaled the views and encouragement on increasing the promotion of renewable energy exploitation and utilization to meet the demand of national energy balance and sustainable development at present.
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Clearing up the regulatory hurdles that are slowing development of electricity transmission lines would provide a significant boost to U.S. wind power development, industry officials said Wednesday. The American Wind Energy Association is holding a two-day workshop in Omaha focused on the challenges of transmitting power to places that need it. The biggest regulatory barriers have to do with who pays for high-voltage transmission lines and who decides where the lines will go.
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Until last year, wind power appeared immune to the worst ravages of an economic storm sweeping the globe. Then the world's biggest manufacturer of wind turbines took an axe to 3000 jobs in its native northern Europe. Did it signify not just a readjustment to a single producer's business model but a threat to the technology's continuing worldwide deployment? Or, as some believe, are fears of a decline in the sector's fortunes simply overblown?
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Deputy Prime Minister Hoang Trung Hai has directed the MOIT to soon complete and submit to the Government the mechanism issuing regulations to support, facilitate and encourage wind power projects in Vietnam.
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Asia leads the growth in global wind power, which grew 35.8 GW in 2010 bringing total global capacity to 194.4 GW – up 22.5% from 2009, the Global Wind Energy Council (GWEC) says. Wind power installations in 2010 represented investments worth €47.3 billion, but the global wind power market was nonetheless down for the first time in 20 years. New installations fell 7% compared to 2009, mainly due to a disappointing year in the US, as well as a slowdown in Europe.
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The director of the Energy Intensive Users Group, Jeremy Nicholson has said that failure of wind how has very profound implications. This comes after new figures have shown that during the recent cold period, wind power produced less than two percent of the nation’s electricity. He says that because of this, the government will encourage companies to build back up stations in case of further failures.
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Wind power rose by 18.5 per cent in 2010 and now meets 16 per cent of demand. Luis Atienza, managing director of Spain's electricity grid, predicted that "within three years wind power will overtake nuclear as an electricity source". At its peak, on November 9, wind power met 43 per cent of demand.
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Conventional fuel sucks an enormous amount of resources out of disaster relief efforts, because it has to be purchased and then transported to its point of use, often under extreme conditions. It also creates new hazards at the relief site in terms of storage, leaks and spillage, along with emissions and noise from the generators. Solar and other renewable energy sources, such as portable wind power, practically eliminate these added costs and complications.
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Adding 265 gigawatts of wind-sourced electricity into the European grids by 2020 is expected to save 41.7 billion euros in electricity costs annually. Market trends and limited infrastructure stand in the way of wind power growth in Europe, stopping the inflow of billions of euros in power savings, according to a new report by the European Wind Energy Association.
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The report calls for a permitting process that's friendlier to offshore wind power, establishment of priority zones for offshore wind, more research on offshore wind technologies, and efforts to promote quality jobs, especially in manufacturing, that would result from that industry.
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Clean Currents will partner with Solar Cookers International to purchase and distribute the solar cookers, which will address the locals’ basic needs in boiling water and cooking food. Residents in the mid-Atlantic region who will purchase wind power off the grid can send solar cooking kits to locals in Haiti as Christmas gifts through Clean Current’s annual holiday giving campaign.