The Worlds First Floating Wind Turbine Launched In Norway

The Worlds First Floating Wind Turbine Launched In Norway
GALWAY, IRELAND – 15th September 2009 – The world’s first full-scale floating wind turbine, StatoilHydro’s ‘Hywind,’ took to the high seas last week for a two-year trial that will lead to wind turbines that can be deployed in much deeper waters than currently possible. Is the future of wind power floating off the Norwegian coast? Floating… Read the rest

Ocean Wave Energy – Alternative Energy Part 7

Ocean Wave Energy – Alternative Energy Part 7
Ocean wave energy is captured directly from surface waves or from pressure fluctuations below the surface. Waves are caused by the wind blowing over the surface of the ocean. In many areas of the world, the wind blows with enough consistency and force to provide continuous waves. There is tremendous energy in the ocean waves. Wave… Read the rest

BP reportedly to sell Wind Power Assets to Indian IDFC Private Equity Fund

BP reportedly to sell Wind Power Assets to Indian IDFC Private Equity Fund
It is rumoured that BP is reportedly to sell its domestic Indian Wind Power Assets to a private equity fund named IDFC for INR6.5 billion ($133.8 million), the Economic Times reports. The fund will pay for the transaction in two tranches, with the initial payment totaling INR3.5 billion, the Web site said. BP has currently 40… Read the rest