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News Digest | Full news service at http://www.renewableenergyfocus.com 12 May/June 2012 | Renewable Energy Focus Gamesa halts U.S. offshore wind prototype installation T HE COMPANY blames the U.S. market and regulatory conditions for postponing installation of the offshore prototype near Cape Charles, Va. - which the Virginia Marine Resources Commis- sion (VMRC) approved earlier this year. Since September 2010, Gamesa has been working with its collaboration partner, Newport News Shipbuild- ing, a division of Huntington Ingalls Industries, to design an offshore wind prototype, the G11X-5.0 MW. According to the company, this collaborative effort had focused on turbine reliability; low maintenance and servicing requirements; civil engineering efficiencies in infrastruc- ture development; and cost of energy; concluding with plans to install a test turbine off the mid-Atlantic coast. Now, however, Gamesa and New- port News Shipbuilding will suspend the programme upon completion of the Critical Design Review (CDR), due to what a statement called “a dete- rioration in the prospects for offshore wind development in the U.S.” The companies have concluded that a viable commercial market in the U.S. is still farther out, “as much as three or four years away, at the earliest”. While there have been improve- ments to siting in federal waters, the statement read, regulatory issues still affect the level and speed at which projects can be approved: In addition, “the pace of growth is further delayed by the lack of an offshore grid [...] uncertainty surrounding the Produc- tion Tax Credit, which will expire at the end of the year without congres- sional action, and the lack of a federal energy policy...” These factors have made it difficult for the companies to secure financing for projects. Without a mature offshore wind market in the U.S., the companies have decided that it is extremely difficult to justify “the enormous expenditure of capital and utilisa- tion of engineering and technical resources that would be needed to build and install a prototype in the U.S.” A joint Offshore Wind Technol- ogy Center, opened in February 2011 in Chesapeake, Va., will wind down at the end of the year as the CDR is completed. Gamesa says that its efforts in the offshore segment globally continue to move forward “at a fast pace”. In Europe, where offshore programs are moving forward, plans are underway with the permitting process for instal- lation of its G128-5.0 MW offshore wind turbine at Arinaga Quay in Gran Canary Island (Canary Islands, Spain). World’s largest solar park to be created in Serbia R EPRESENTATIVES OF the Serbian Government have joined with Securum Equity Partners Europe to sign a MOU regarding the possible construction of what would be one of the largest solar parks the world has seen. The solar park will be built in Serbia on land which the country will lease free of charge for a period of 25 years. Oliver Dulic, Serbia’s Minister of the Environment, Mining and Spatial Planning, and Alessio Colussi and Ivan Matejak from Securum Equity Partners, signed the agreement at the Serbian Government building in the presence of the Prime Minister Mirko Cvetkovic. The plans predict that the park will have a total capacity of over 1,000 MW - covering an area of 3,000 hectares. It will take between three and five years to build and provide jobs for 2,500 to 3,000 people during its construction, with per- manent jobs for 500 to 600 workers once it is operational. Another 1,000 jobs will be created when MX Group, which is one of Europe’s leading solar panel manufacturers, moves production to Serbia along with its various subsidiaries. The cost of the project is esti- mated at around 2 billion Euros. Serbia is likely to collect around 750 million Euros in taxes from the proj- ect over the next 20 years. Construction of the project could commence as early as next year depending on the location of an available site, and completion of the various permits involved, a statement explained. The Serbian government has pledged its support on the basis that the project will employ Serbian workers and introduce new technol- ogy into the country. At present the intention is to import the solar pan- els from abroad, although the long term hope is that production will be moved to Serbia. Serbia was chosen because of its excellent solar resources, and also because there are substantial water resources nearby - along with avail- ability of land that is not suitable for agricultural production. Serbia is currently recognised as an area of high socio-political stability, with a predicted economic growth rate over the next five years that is substantially higher than many other countries in the EU. Serbia has invested heavily in the renewable energy sector over recent years, particularly in the overhaul of existing infrastructure in order to improve the stability of its energy supply. Sources: Ekonom; east Media Group (EMG)

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Page 1: World's largest solar park to be created in Serbia

News Digest | Full news service at http://www.renewableenergyfocus.com

12 May/June 2012 | Renewable Energy Focus

Gamesa halts U.S. off shore wind prototype installation

THE COMPANY blames the

U.S. market and regulatory

conditions for postponing

installation of the off shore prototype

near Cape Charles, Va. - which the

Virginia Marine Resources Commis-sion (VMRC) approved earlier this

year.

Since September 2010, Gamesa has

been working with its collaboration

partner, Newport News Shipbuild-ing, a division of Huntington Ingalls Industries, to design an off shore wind

prototype, the G11X-5.0 MW.

According to the company, this

collaborative eff ort had focused on

turbine reliability; low maintenance

and servicing requirements; civil

engineering effi ciencies in infrastruc-

ture development; and cost of energy;

concluding with plans to install a test

turbine off the mid-Atlantic coast.

Now, however, Gamesa and New-

port News Shipbuilding will suspend

the programme upon completion of

the Critical Design Review (CDR), due

to what a statement called “a dete-

rioration in the prospects for off shore

wind development in the U.S.” The

companies have concluded that a

viable commercial market in the U.S.

is still farther out, “as much as three

or four years away, at the earliest”.

While there have been improve-

ments to siting in federal waters, the

statement read, regulatory issues still

aff ect the level and speed at which

projects can be approved: In addition,

“the pace of growth is further delayed

by the lack of an off shore grid [...]

uncertainty surrounding the Produc-

tion Tax Credit, which will expire at

the end of the year without congres-

sional action, and the lack of a federal

energy policy...”

These factors have made it diffi cult

for the companies to secure fi nancing

for projects.

Without a mature off shore wind

market in the U.S., the companies

have decided that it is extremely

diffi cult to justify “the enormous

expenditure of capital and utilisa-

tion of engineering and technical

resources that would be needed to

build and install a prototype in the

U.S.”

A joint Off shore Wind Technol-

ogy Center, opened in February 2011

in Chesapeake, Va., will wind down

at the end of the year as the CDR is

completed.

Gamesa says that its eff orts in the

off shore segment globally continue

to move forward “at a fast pace”. In

Europe, where off shore programs are

moving forward, plans are underway

with the permitting process for instal-

lation of its G128-5.0 MW off shore

wind turbine at Arinaga Quay in

Gran Canary Island (Canary Islands,

Spain).

World’s largest solar park to be created in Serbia

REPRESENTATIVES OF the

Serbian Government have

joined with Securum Equity Partners Europe to sign a MOU

regarding the possible construction of

what would be one of the largest solar

parks the world has seen. The solar

park will be built in Serbia on land

which the country will lease free of

charge for a period of 25 years.

Oliver Dulic, Serbia’s Minister of

the Environment, Mining and Spatial Planning, and Alessio Colussi and

Ivan Matejak from Securum Equity Partners, signed the agreement at the

Serbian Government building in the

presence of the Prime Minister Mirko

Cvetkovic.

The plans predict that the park

will have a total capacity of over

1,000 MW - covering an area of

3,000 hectares. It will take between

three and fi ve years to build and

provide jobs for 2,500 to 3,000 people

during its construction, with per-

manent jobs for 500 to 600 workers

once it is operational. Another 1,000

jobs will be created when MX Group,

which is one of Europe’s leading

solar panel manufacturers, moves

production to Serbia along with its

various subsidiaries.

The cost of the project is esti-

mated at around 2 billion Euros.

Serbia is likely to collect around 750

million Euros in taxes from the proj-

ect over the next 20 years.

Construction of the project could

commence as early as next year

depending on the location of an

available site, and completion of the

various permits involved, a statement

explained.

The Serbian government has

pledged its support on the basis

that the project will employ Serbian

workers and introduce new technol-

ogy into the country. At present the

intention is to import the solar pan-

els from abroad, although the long

term hope is that production will be

moved to Serbia.

Serbia was chosen because of its

excellent solar resources, and also

because there are substantial water

resources nearby - along with avail-

ability of land that is not suitable for

agricultural production.

Serbia is currently recognised

as an area of high socio-political

stability, with a predicted economic

growth rate over the next fi ve years

that is substantially higher than

many other countries in the EU.

Serbia has invested heavily in the

renewable energy sector over recent

years, particularly in the overhaul

of existing infrastructure in order

to improve the stability of its energy

supply.

Sources: Ekonom; east Media Group

(EMG)

REF133p8_13.indd 12 15/05/2012 16:17:09