BioEnergy Bytes

Joanna Schroeder

  • (gtai) Wind turbines fed over 10,000 gigawatt-hours (GWh) of electricity into Germany’s grid in the first month of the year, setting a new record, the BDEW German Association of Energy and Water Industries and ZSW Centre for Solar Energy and Hydrogen Research reported this morning. That is approximately one fifth of the annual production from wind in 2014.
  • U.S. prices for Chinese-produced Tier-1 modules were higher than those of any other market tracked in GTM Research’s latest report, Global PV Pricing Outlook 2015. Driven up on a year-over-year basis by the ongoing trade case against Chinese- and Taiwanese-produced modules, U.S. prices averaged around 72 cents per watt in the fourth quarter of 2014, compared to just 56 cents per watt for the same modules in Chile, the least expensive module market tracked in the new report.
  • Hennessy Capital Acquisition Corp. has announced the completion of its previously announced acquisition of School Bus Holdings, Inc., which, through its subsidiaries, conducts its business under the “Blue Bird” name, from The Traxis Group B.V., which is majority owned by funds affiliated with Cerberus Capital Management, L.P. As part of the transaction, Hennessy changed its name to Blue Bird Corporation. Effective Wednesday, February 25, 2015, Blue Bird will be publicly traded on NASDAQ under common stock ticker symbol BLBD.
  • Alstom was awarded by the Chinese company Sinohydro a contract worth about €58 million to provide electro-mechanical equipment and technical services for Karuma Hydropower Project, Uganda’s largest electricity plant. Alstom will provide six 100MW Francis turbine-generator sets and related equipment for this project. Alstom Hydro China (AHC) is responsible for the equipment design, manufacturing, supervision to the installation, commissioning, testing as well as site services.
Bioenergy Bytes