ALLETE, Inc. the Minnesota-based energy company that owns a wind farm operation in southern Oklahoma, reported third quarter 2019 earnings of 60 cents a share on net income of $31.2 million. The results compared to 59 cents a share a year ago on net income of $30.7 million. However, wind farm operations showed a loss …
Category: Wind Energy
Annual spending by wind industry to increase 50% in next 10 years in US
United States wind operations and maintenance annual spending is expected to increase to more than $7.5 billion by 2030, a 50% increase above 2018 spending, according to a new report by IHS Markit , a world leader in critical information, analytics and solutions. According to the IHS Markit 2019 Wind Power Plant Benchmarking in North America: …
Nebraska encourages more wind and solar development
Those attending the Nebraska Wind and Solar Conference and Exhibition this week were told the state has much more potential to increase its production of wind-powered electricity. “There’s a lot of upside potential in our state because we have tremendous wind and solar resources,” John Hansen, president of the Nebraska Farmers Union, told attendees at …
Military wants to curtail wind farm growth around nuclear missile sites
Months after Oklahoma settled issues with wind farm developers to prevent construction too close to military installations, now the military wants five other states to adopt similar rules. But this time, the rules would prevent wind turbines close to nuclear missile arsenals. The Associated Press reported the military wants to prevent conflicts between the wind …
SE Nebraska residents want bigger setbacks for wind turbines
Oil and gas wells aren’t the only things that some residents don’t want near their homes and businesses. In Nebraska, homeowners are fighting in one county for setbacks of wind towers. The fight is taking place in southeast Nebraska’s Gage County where the County Board of Supervisors is considering a request for expanded setbacks. The …
New Mexico to get another wind farm
A fourth wind farm could be coming to New Mexico’s Torrance County whose northern reaches include Interstate 40. Torrance County commissioners are expected to approve an industrial revenue bond next month to fund the county’s fourth wind farm, La Joya 2, west of Encino. “There is a lot of wind here,” Torrance County manager Wayne …
Bergey WindPower lands DOE grant
Bergey WindPower of Norman is one of 13 companies and groups to share in $28 million dollars in wind energy grants from the U.S. Department of Energy. Bergey will develop a standardized distributed wind/battery/generator micro-grid system that rural utilities can provide to rural homes and businesses to deliver resilience, energy savings and reliable power, according …
First county adopts wind farm moratorium in Iowa
One county in Iowa has taken steps to approve a moratorium on any new wind farms while another county is considering the same action. The Des Moines Register reports that Madison County supervisors passed Iowa’s first moratorium on new wind turbine installations. At the same time, Adair County elected officials are considering a cap on …
Part of Texas wind farm for sale
Brookfield Asset Management Inc. is considering selling its stake in Wind Energy Transmission Texas, which could fetch $400 million to $500 million, according to people familiar with the matter. The Toronto-based alternative asset manager is working with financial advisers to seek buyers for its 50% stake in the company, said the people, who asked …









