Tagged Finance

Wind turbines don’t make good neighbors #MA

By National Wind Watch Two wind turbines were put up in the town where I live in close financial collaboration with the state. The neighbors only found out when the land was cleared on Veterans Day 2011. At that time the project was so far advanced that there was little the neighbors could do to…

Wynne government still approving wind projects #ON

By National Wind Watch The war of residents against industrial wind turbines is being fought by rural communities in many countries. Their common enemy is the financially-powerful wind industry, which is failing miserably in its efforts to deliver affordable and reliable electricity. It survives because its revenues are government-contracted. In Ontario, Premier Kathleen Wynne’s government…

Citigroup commits to 100% renewable energy by 2020

By Michelle Froese Citigroup announced that it will source renewable power for 100% of its global energy needs by 2020. This is an important next step in the bank’s continued commitment to reduce the environmental impact of its operations and finance $100 billion in clean energy, infrastructure, and technology projects that build a more sustainable…

NextEra pulls turbine tax appeals #MI

By National Wind Watch UPPER THUMB – Local counties, municipalities and school districts will be able to hold on to disputed wind turbine tax revenue following recent action by NextEra Energy Resources. All tax disputes involving NextEra wind turbines in Huron and Tuscola counties have been resolved. NextEra has withdrawn its appeals with the Michigan…

MEM and GCube partner to bring first utility-scale wind farm to Indonesia

By Michelle Froese The Sidrap wind farm, located on a series of ridges in Northern South Sulawesi, will consist of 30 Gamesa turbines and is scheduled for completion in January 2018. Modern Energy Management (MEM), a specialist in delivering project lifecycle certainty to renewable energy developers, financiers, and investors, will carry out marine warranty surveying…

Renault, Nissan, Mitsubishi 6-year plan sees 12 pure EV models launched on common platforms, 40 models with autonomous drive

By mmillikin The Alliance of Renault, Nissan and Mitsubishi announced their six-year plan—Alliance 2022—which sets a new target to double annual synergies to €10 billion by the end of the plan. To achieve this, said Carlos Ghosn, chairman and chief executive officer of the Alliance, the three automakers will accelerate their collaboration on common platforms,…

Measure delivers faster wind-turbine inspection with new drone inspection services

By Michelle Froese Measure, a provider of drone services to enterprise customers, has added turnkey wind-farm inspection capabilities to its portfolio of aerial data collection solutions. Wind-farm operators can now outsource preventive maintenance inspections to Measure’s drone pilots and data analysts for fast, accurate, safe, and timely problem identification. The service is designed to help…

Siemens and PAS Global partner to provide monitoring and cybersecurity for industrial control systems

By Michelle Froese Siemens and PAS Global, a provider of industrial control system (ICS) cybersecurity solutions, announced an agreement to provide fleet-wide, real-time monitoring for ICSs. By leveraging the unique capabilities of both companies, this partnership will provide customers with a couple benefits. Siemens and PAS Global have partnered to make it possible for customers…

50 Teslas Join Dubai Taxi Fleet

By Evan Williams Dubai has added 50 Teslas to the city’s taxi fleet, part of a green economy initiative. While it may seem like a surprising choice for a city that was built on oil revenues, fossil fuels now represent less than 5 percent of Dubai revenues. The rest now comes from real estate, trade,…

Blockchain: Coming to a Smart Building Near You?

By [email protected] One of the hottest emerging technologies is blockchain. It’s the underlying technology that makes Bitcoin work, but the potential applications are far larger than cryptocurrency. Blockchain is a distributed ledger. Instead of a single database or organization holding transaction records (or other data), the records are available to millions of computers anonymously. Through…

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