Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) has closed a $72 million non-recourse construction and term project financing for the Northwest Stave River run-of-river hydroelectric project located in British Columbia, Canada.
LS Industrial-HVDC project
May 24, 2013LS Industrial Systems Co., a leading South Korean manufacturer of electric components, said Thursday that it will provide equipment and parts for the country’s ambitious high-voltage direct current (HVDC) project.
Transformer kiosks contract for Jeffreys Bay wind farm
May 24, 2013A R66 million contract for design, manufacture and supply of 60 pad-mounted transformer kiosks for the 138 MW Jeffreys Bay wind farm in the Eastern Cape has been awarded to Actom MV Switchgear.
Carbon Trust launch race for next generation of offshore wind cables
May 24, 2013The Carbon Trust, as part of its Offshore Wind Accelerator (OWA), has launched a new competition to fast track the development of new 66kV cables to be used by the offshore wind industry. The goal is to ensure that new 66kV cables are developed in time to be used on Round 3 projects in the UK. Moving from 33kV to 66KV brings a number of benefits including the need for fewer substations, reduce system losses and cutting overall cable requirements.
Ketraco awards US$41 million transmission project contract
May 23, 2013Kenya Electricity Transmission Company (Ketraco) has awarded a contract for the construction of an electricity transmission project that includes construction of a 132 km long power line and extension of an existing substation in Kenya to Spanish company Abengoa.
Ericsson to close down telecom cable manufacturing
May 23, 2013Ericsson (NASDAQ: ERIC) today initiated union negotiations to close down its telecom cables operation within business unit Networks.
As the market for copper cable has declined and the market for fiber cable has grown over the last years, the production has shifted towards Asia, where the majority of the business volumes for fiber cable are found. In Europe there is more production than demand for both copper and fiber cables.
A New WindVision for Alberta announces clean wind energy offers ‘right solution at right time’ to meet rising electricity demand as Alberta’s en
May 23, 2013Alberta can once again be a leader in renewable energy development and address global concern about the province’s environmental record by meeting rising electricity demand with new clean wind energy. WindVision 2025: A Strategy For Alberta, released today by the Canadian Wind Energy Association (CanWEA), makes the case for the strategic deployment of more wind energy in Alberta in a direct response to a challenge by Alberta Energy Minister Ken Hughes for the renewable industry to put forth policy solutions to help “green the grid”.
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