[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


News Home

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

German wind turbine maker pulls out of offshore wind park  

Credit:  www.dutchnews.nl 31 August 2011 ~~

Controversial German wind turbine maker Bard has pulled out of a project to build the Netherlands’ biggest offshore wind park, the Financieele Dagblad reports on Wednesday.

Bard beat Dutch energy firms Nuon and Eneco to the contract to build the wind park off the coast of the Wadden Sea island of Schiermonnikoog last year. The project has been allocated up to €4.4bn in government subsidies.

Amsterdam investment company Typhoon, which is arranging the project’s financing, hopes the withdrawal of Bard will make it easier to find other investors to take part.

However, the paper says, no Dutch energy firms are interested. Nuon, for example, is hoping to build its own wind park off the coast at Katwijk.

Typhoon director Michael van der Heijden told the paper more news about the financing will be finalised in the next two weeks.

Alkmaar-based public utility company HVC is the only remaining shareholder, with a 15% stake in the park and does not plan to expand its interest, the paper states.

Source:  www.dutchnews.nl 31 August 2011

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.