Hawaii
Energy Policy Forum > 2002
Articles
GE Buys Enron Wind; Vestas Receives Large U.S. Wind Order
It's finally official: the company formerly known as Enron
Wind Corporation is now called GE Wind Energy, a General
Electric (GE) company. GE Power Systems announced the acquisition
on May 10th. GE has not yet chosen the headquarters location
for the new company, which is currently based in Tehachapi,
California. See the GE Wind Energy Web site at: <www.gewindenergy.com>.
The
U.S. market for wind turbines appears strong: Vestas - American
Wind Technology, Inc. (the U.S. subsidiary of
Vestas Wind Systems A/S) received an order on May 5th for
62 of its 660-kilowatt wind turbines for a project near Palm
Springs, California. Cannon Power Corporation placed the
order -- worth more than $24 million -- for its Cabazon Wind
Project. See the Vestas press release at: <http://www.vestas.com/nyheder/presse/2002/UK/fond20020506_UK.html>.
Other encouraging news for the wind industry includes a report
from E Source Green Energy Service, part of Platts Research
and Consulting, that concludes that wind power can be easily
integrated into newly developing wholesale power markets.
That's good, since the global wind power market is expected
to more than double over the next five years, to more than
60,000 megawatts of capacity. And all of this news is creating
intense interest in this year's WINDPOWER 2002 conference,
which starts June 2nd in Portland, Oregon. See the April
25th press release from Platts at: <http://plattsweb1.platts.com/pressreleases/index.shtml>.
See also the following press releases from the American Wind
Energy Association:
<
http://www.awea.org/news/news020402gwc.html> and <http://www.awea.org/news/news020509wp2.html>.
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