Wednesday 19th April 2017


April 19, 2017

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UK election: CfD auction to go ahead

The UK’s forthcoming Contracts for Difference auction will carry on despite the snap general election, the government has said.

The government is set to award support for up to 2GW of offshore wind farms in the upcoming auction, as well as projects using other technologies except onshore wind. Bidders have until 21 April to submit projects for consideration, ahead of sealed bids between 25 May and 1 June. Winners are set to be announced by September.

The Department for Business, Energy & Industrial Strategy said yesterday that this would be unaffected by UK Prime Minister Theresa May’s decision to hold a general election on 8 June.

Wind farm rejected due to war memorial

Local officials in France have rejected a project planned near the Australian National Memorial to World War I soldiers.

The Moulin Blanc wind farm by French developer Ecotera would have seen eight wind turbines built near the memorial to Australian World War I soldiers outside the village of Villers-Bretonneux in northern France. However, officials in Villers-Bretonneux voted on
7 April to reject the proposal as the wind farm could be seen from the memorial. Residents have led the campaign against it.

Ecotera has argued that the development was not on a battlefield, and now has two months to appeal the decision.

Atlantic places 195MW Nordex order

Atlantic Renewable Energy has chosen Nordex to supply turbines for its 195MW Lagoa do Barro complex in Piaui, Brazil.

The Lagoa do Barro project is set to be made up of eight wind farms. Nordex has won the deal to deliver 65 of its AW125/3100 turbines for the complex, and install them from mid-2017. The financial terms of the deal have not been disclosed.

Atlantic is a subsidiary of private equity firm Actis, which specialises in emerging markets.

Consortium completes 240MW Ararat

The group developing the 240MW Ararat wind farm in Victoria in Australia has completed the project and connected it to the grid.

The Ararat project is co-owned by a consortium of UK-based developer RES, US giant General Electric, Swiss investment manager Partners Group on behalf of clients, and Canadian pension fund OPTrust. Construction of the project started in 2015 and it will be now managed by local company Windlab.

The wind farm is powered by 75 of GE’s 3.2MW turbines.

Ontario pays Windstream damages

The Ontario government has paid $21m damages to developer Windstream for scuppering plans for a 300MW offshore project.

The US firm won damages of $21m for unfair treatment in October after a 300MW scheme on Lake Ontario, which was approved by the government of the Canadian state Ontario, was de-railed when the government brought in a moratorium on offshore wind in 2011.

Windstream said in February that it had not yet been paid, but the government said it has now done so. Windstream said it still wanted to develop the 100-turbine 300MW project, but Ontario has said it is set to retain the moratorium.

Wind Watch

Wind Watch is published every Monday and Friday.

In the meantime, do you know that on Tuesday 9th May we are due to publish our annual Emerging Markets report?

Emerging Markets 2017, in association with investment bank and financial advisor Marathon Capital, will look at the investment opportunities in wind globally, with a focus on key developing markets in Africa, Asia and South America.

It will do this with a host of interviews with industry big-hitters, and this time focuses on nations including Brazil and Vietnam.
And, for the first time, we have analysed 20 countries based on a host of economic, political and other factors. Don’t miss out!

You can find out more about how we will do that by clicking here. This exclusive report is available to all of our members.

Investment expertise. High-quality events. Exclusive content. Lead generation.

Talk to the Tamarindo team today to find out how membership would benefit your business.

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