wind farm News

Federal Government Opens Two Areas in Gulf of Mexico for Wind Farms, but No Companies Bid on Leases

The federal government for the first time on Tuesday opened two areas in the Gulf of Mexico off the Texas coast to build wind farms. Groups representing supply chain businesses hailed the chance for the new offshore leases to create …

Wind Farm in Southern Texas Draws Resistance

DEL RIO, Texas (AP) – Long before a Chinese spy balloon captivated and spooked the U.S. public, Kyle Bass foresaw what he deemed another foreign danger slated for skies above the Texas-Mexico border: wind turbines. Dozens of them, roughly 700 …

Germany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates

Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy assets. The insurer sees renewables as offering “long-term, bigger yields than from assets such as state bonds,” Chief Financial Officer …

Insurer Sues Over 2011 Hawaii Wind Farm Fire Losses

The insurance company that paid $2.4 million to cover losses from a wind farm fire in Hawaii is suing manufacturers that built parts of its battery system. The Honolulu Star-Advertiser reported Certain Underwriters at Lloyd’s London paid to cover losses …