The Global Wind Energy Council released its Annual Market Update today, with a comprehensive snapshot of the global wind industry at the end of 2012, along with a 5-year forecast out to 2017. Although policy uncertainty in the main OECD markets is a cause for concern, strong markets in China, India and Brazil, as well as in new markets in Latin America, Africa and the rest of Asia will drive global growth during the period. "Wind power may be variable, but the greatest threat to the continued stable growth of the industry is the variability and unpredictability of the politicians who set the frameworks for the energy sector", said Steve Sawyer, GWEC Secretary General. "However, all of the fundamentals which have driven wind power to date are still in place: energy security, price stability, local economic development, climate change mitigation and local air and water pollution issues; and wind is now competitive in an increasing number of markets, despite fossil fuel subsidies … [Read more...] about Wind power surges to new record
The american wind energy association
Vietnam to solicit bid for wind power projects
The Ministry of Industry and Trade will submit to the government a pilot program to organize international bidding to pick competent developers for wind power projects that have been long delayed, a state official said at a seminar on wind energy in Ho Chi Minh City on Monday. In the near future, the ministry will study a number of delayed wind power projects in the south-central provinces of Ninh Thuan and Binh Thuan in order to choose capable investors offering the best price for their electricity, said Pham Trong Thuc, director of the New and Renewable Energy Department under the ministry. The program, if approved by the government, will help accelerate the progress of many wind power projects in Vietnam, Thuc said at the event held to introduce the potential of wind power in Vietnam using German solutions. The government has also assigned the ministry and relevant state agencies the tasks of reviewing the existing wind power projects and checking the real funds that … [Read more...] about Vietnam to solicit bid for wind power projects
How the bank lobby loosened US reins on derivatives
Banks and lawmakers, as well as financial regulators from around the world, had besieged Lew with complaints about Gensler's campaign to impose U.S. rules overseas. The July 3 meeting in Lew's conference room with a view of the White House grew tense, according to three people briefed on it. Gensler argued his plan was vital if the U.S. hoped to seize meaningful authority over financial instruments that helped push the global economy to the brink in 2008, taking down American International Group Inc. (AIG) and Lehman Brothers Holdings Inc. and igniting the worst recession since the 1930s. Lew insisted that Gensler coordinate better with the Securities and Exchange Commission, whose new chairman, Mary Jo White, was also present. Gensler, who was deep into negotiations with his European counterparts, was surprised by Lew's demand. He'd been hearing the same request from lobbyists seeking to slow the process, and he told the Treasury chief it felt like his adversary bankers were in the … [Read more...] about How the bank lobby loosened US reins on derivatives
A Concert of Bamboo, Wind and Water
Of Vo Trong Nghia achievements, he designed a 5-storey building in Japan which received great compliments from his Japanese colleagues. In addition he nurtured an idea to use specific materials and came up with building solutions that are environmentally friendly for the construction projects in Vietnam. After successfully completing his post-graduate study with a master diploma, Nghia was allowed to continue his study in Japan, but he decided to return to Vietnam to further his career. Of Vo Trong Nghia achievements, he designed a 5-storey building in Japan which received great compliments from his Japanese colleagues. In addition he nurtured an idea to use specific materials and came up with building solutions that are environmentally friendly for the construction projects in Vietnam. After successfully completing his post-graduate study with a master diploma, Nghia was allowed to continue his study in Japan, but he decided to return to Vietnam to further his career. Youth and an … [Read more...] about A Concert of Bamboo, Wind and Water
US wind tower producers plead for duties on China, Vietnam
WASHINGTON – U.S. wind tower manufacturers, already facing the expiration of a tax credit that has pumped up demand for wind energy projects, on Thursday pleaded for a U.S. government panel to approve steep duties on imports from China and Vietnam. "The American wind tower industry has been devastated by Chinese and Vietnamese trade practices," Kerry Cole, president of Trinity Structural Towers, the largest remaining U.S. producer of utility scale wind towers, told the U.S. International Trade Commission. … [Read more...] about US wind tower producers plead for duties on China, Vietnam