US: Wind power station sales to decrease

Article Abstract:

As a result of the US ending the subsidies for wind power stations by the turn of the year, one of the world's three largest wind power markets will decrease significantly. As no decision was reached on a prolongation, the subsidies will be ended on January 1, 2002 and can be resumed at the earliest after four months. Earlier in similar situations the American politicians have decided on retroactive subsidies, but according to Christian Kjar of the trade association for the wind power industry not many dare to budget for this to happen again. As a result Danish producers now abandon their plans to set up production in the US.

United States, Government expenditures, Electric services

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GREECE: WIND FARM TO BE BUILT BY DANES

Article Abstract:

The Danish company Greentech Energy Systems will build a 50 MW wind farm in Korinithia and Mountzouri, Greece, according to an agreement with the municipality of Moloan. Greentech will contribute with 86% of capital. The wind farm will be one of the biggest in Greece.

Greece, Denmark, Foreign operations, Capital expenditures, Power and Communication Transmission Line Construction, Electric Utility Constructn, Electric utility construction

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