Wind Energy News  
WIND DAILY
Wind turbines set out to conquer Sweden's great north

Chinese wind turbine-maker shelves Hong Kong IPO: report
Hong Kong (AFP) June 13, 2010 - A Chinese wind turbine-maker has shelved plans for a 1.2 billion-US-dollar share sale in Hong Kong, a report said Sunday, the latest in a series of ditched listings amid market uncertainty. Xinjiang Goldwind Science and Technology axed the initial public offering because of continuing global market volatility, Dow Jones Newswires reported, citing an unnamed source. The company was scheduled to list on June 22 in what was billed as the city's second-largest IPO this year after Russian metals giant UC Rusal raised 2.2 billion US dollars in January.

Xinjiang Goldwind did not immediately respond to AFP's request for comment. Hong Kong's IPO market -- the biggest in the world last year -- has seen a string of companies hit the brakes on listings in the last month. In May, Swire Properties, a major real estate developer in the city, cancelled its planned 3.09 billion-US-dollar share sale, just two days after Giti Tire, China's largest tyre maker, shelved a 500 million-dollar initial public offering. Iron ore producer China Tian Yuan also halted its 522 million-dollar issue last month.
by Staff Writers
Markbygden, Sweden (AFP) June 13, 2010
While community opposition often blocks or hampers new wind power projects, Sweden has managed to break ground for Europe's largest wind park counting more than 1,000 giant turbines, with barely a whisper of protest.

The secret? The giant Markbygden wind farm -- covering more than 500 square kilometres, or the equivalent of five times the size of Paris -- is being built in a virtually uninhabited, desolate stretch of Sweden's great north.

"If I were to try the same thing in Germany, it would take me 20 years to get everyone's agreement," Wolfgang Kropp, the German head of the project, told AFP.

Standing on the shores of the Baltic Sea at the Piteaa harbour near the wind park site, he added: "For the same area, you would have 10,000 land owners. Here there are three.

"That's why we came here to Sweden in search of a good location," he said.

"In the south of the country, it is very difficult. There are farms, and vacation homes. Here in the north, there is no one," he said.

Kropp's company Svevind, a client of German wind power giant Enercon, is leading the construction of the park, with 1,101 wind turbines scheduled to be built by 2022.

They should then produce energy equivalent to the production of two nuclear reactors.

The site stretches across a vast area covered with dense pine forests interspersed with scattered villages of just a handful of brightly painted wooden houses.

They are surrounded by silence broken only by the occasional car or a fighter jet from a neighbouring base screaming past on a training mission.

The giant wind park is widely popular here.

The main forestry, paper and metals industries in the region are facing new environmental and climate regulations requiring them to significantly shrink their carbon footprints by 2020.

That is something a change in energy dependence should help with.

"We want to turn this region into a new centre of green energy production," said Robert Bergman of Solander Science Park, a scientific laboratory in Piteaa studying among other things the potential of wood and paper-based fuels.

The wind park project "is an obvious asset," he added.

It is also viewed by many as a new source of income and an incentive for people to stay on in the surrounding, increasingly deserted villages.

Despite the sparse population around the park site, there are nevertheless some dissenting voices.

Most opposition comes from the indigenous Samis, who fear the towering turbines will heavily encroach on their reindeer grazing areas, already significantly hit by forestry and tourism in the area.

In late April, the local Sami council refused a compensation package of 5,000 kronor (520 euros, 630 dollars) per turbine and per year, or a total of more than five million kronor each year after the entire park has been built.

"We say no. The amount does not correspond to the problems that this will cause and the threat it poses to our herds," Anders Ruth, who heads up the local council in Oestra Kikkejaure, said.

"The same number of reindeer will have to be fed in a much smaller area that will be much more developed," she added.

"This will not work and it is not possible to find other grazing grounds." About a quarter of the local Sami grazing areas would be affected by the park, Ruth said.

In an attempt to appease the criticism, the project developers have stressed they will not fence in the area, but some 600 kilometres of new roads through the dense forests will in any case dramatically shrink the area where the reindeer are free to roam.

Svevind says it understands the reindeer owners concerns, but that there is no better alternative location for the park.

"It's true, the paper industry has already taken their forests, the dams have already taken their rivers, the mines have taken what's underground. And now it's the wind turbine," said Mikael Kyrk, a Swedish Svevind executive.

"But at the same time, that's the way development works."



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Wind Energy News at Wind Daily



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


WIND DAILY
Alliance to promote offshore wind power
Washington (UPI) Jun 11, 2010
Ten U.S. East Coast states have formed an alliance with the U.S. Department of the Interior to promote offshore wind power. Governors of Maine, New Hampshire, Massachusetts, Rhode Island, New York, New Jersey, Delaware, Maryland, Virginia and North Carolina have signed the memorandum of understanding related to wind power. The agreement will help to facilitate federal-state coope ... read more







The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement