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A new report by Oceana outlines, as previous studies have done, just how bountiful the offshore wind power potential of the Atlantic coast of the United States is. While it varies from state to state, a handful of states could generate more electricity than they need, and more could supply a large part of their demand. Overall, offshore wind could generate more power than than the economically recoverable oil and gas reserves in the same locations.

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n Oceana’s report Untapped Wealth: Offshore Wind Can Deliver Cleaner, More Affordable Energy and More Jobs Than Offshore Oil, our comprehensive analysis shows that focusing our investments on clean energy like offshore wind would be cost effective, more beneficial to job creation, and better for the environment and ocean in a variety of ways than offshore oil and gas exploration and development

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With renewable power, Tocco da Casauria, in central Italy, produces more electricity than it uses, making money off the surplus.

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And you thought John Deere was all about tractors. This morning utility Exelon said it will buy up the wind power division of John Deere, called John Deere Renewables, for $860 million, plus an additional $40 million once all of the projects are completed. John Deere Renewables has 965 MW of clean power projects under development in various stages.

greennumbers john deere john deere renewables exelon wind power wind energy

Czech electricity group CEZ said on Thursday that it would soon launch Europe's biggest onshore wind-power farm at Fantanele, in southeastern Romania.
The 1.1-billion-euro (1.45-billion-dollar) farm will have capacity of 600 megawatts powered by 240 turbines, CEZ development manager Juan Saez Palacios said during an energy seminar in Bucharest.

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In 2009, one industry blew past its predictions for growth
That is wind power, with an annual growth rate of 39%. This is the largest increase in capacity on record—helped significantly by economic stimulus funding for green energy. Since 2002, the country's installed base of turbines has jumped almost sevenfold.

wind power wind energy annual growth Department of Energy

China WindPower Group Ltd, Iberdrola SA and Duke Energy Corp will lead development of an estimated $65 billion of wind-power plants this year that let utilities reduce their reliance on fossil fuels.

The estimate from Bloomberg New Energy Finance assumes a 9 percent increase in global installations of wind turbines this year, adding as much as 41 gigawatts of generation capacity. That's the equivalent of 34 new nuclear power stations.

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China doubled the amount of energy generated from windmills last year, a report from the global wind industry said Wednesday.

The Global Wind Energy Council said the sector grew rapidly last year -- with total wind capacity up 31 percent -- despite the economic downturn.

The market for new wind turbines was worth $63 billion in 2009, it said.

China became the biggest market for new wind turbines last year, as it doubled power capacity from 12 gigawatts to 25 gigawatts

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That takes my breath away. In one of the biggest renewable energy deals in the history of the world, a Korean consortium led by Samsung* has agreed to build 2,500 megawatts of wind and solar power capacity in the Canadian province of Ontario.

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Despite a crippling recession and tight credit markets, the American wind power industry grew at a blistering pace in 2009, adding 39 percent more capacity. The country is close to the point where 2 percent of its electricity will come from wind turbines.

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TVA has inked four deals to purchase wind power generated in Illinois and Kansas.

The federal utility said today that the contracts will allow it to purchase up to 815 megawatts of renewable wind energy, and will move it closer to a goal of having more than half its power generation come from non-carbon emitting sources

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"Brazil has held its first energy sale directed exclusively at wind power. More than 1,800MW of wind energy was contracted $82.8 per MWh. The proceeds of the auction will allow for the construction of 71 generation projects across five states in the northeast and south of the country."

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Spanish renewable energy giant Iberdrola Renewables confirmed it has received US Treasury Department approval of three additional grants totalling $250,953,367. These grants represent investment by Iberdrola Renewables of approximately $860m in US wind power in three states.

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