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Spanish Power Company To Build Wind Farm In Russia
Krasnodar, Russia (RIA Novosti) Oct 10, 2007 Spanish electricity company Iberdrola Renovables will invest $140 million in the construction of a wind farm in south Russia's Krasnodar Territory, the local administration said. The turbines, with output capacity of 1,000 MW, are expected to be built in the region's resort cities on the Black Sea coast by 2011, the administration's press service said. "The Krasnodar Territory is interested in the construction of as many environmentally friendly power stations in the region as possible. There is nothing more environmentally friendly than wind power," the statement said. To date, the region produces less than 40% of the electric power it consumes. Regional authorities said the wind power project will allow the Krasnodar Territory to bring this figure up to 60%. The resort city of Sochi, in the Krasnodar Territory, is set to host the Winter Olympics in 2014.
Source: RIA Novosti Related Links Powering The World in the 21st Century at Energy-Daily.com
Wind Power Cost Is Expected To Reduce By 30 Percent By 2010
Dublin, Ireland (SPX) Oct 09, 2007Research and Markets has announced the addition of "China Wind Power Equipment Manufacturing Report 2007" to their offering. Improved technologies and increased output results in wind power cost to continuously drop, to a nickel/kilowatt-hour. Wind power cost is expected to further reduce by 30% by 2010, which has been close to the regular energy cost. In 2006, newly-increased installed capacity of wind power in China was 1337 MW, accounting for 8.9% of world's total newly-increased, up by 165.83% year on year. |
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