One of the nation’s largest power companies has added to its wind energy holdings. Charlotte, North Carolina-based Duke Energy has spent $240 million to acquire Vermont-based wind energy company Catamount Energy Corp.
This Reuters story has more:
Catamount has about 300 megawatts of renewable energy in operation, as well as about 1,750 megawatts of development interest in the United States and the United Kingdom.
Duke said the deal price does not include $80 million of assumed debt.
Duke bought Tierra Energy, a leading wind developer in Texas, in May 2007.
It said that combining Catamount with Tierra will result in an entity with more than 5,000 megawatts of wind energy under development in 12 states and about 500 megawatts of operating assets by the end of 2008.


A North Dakota commission is recommending that ethanol, biodiesel and wind play a larger role in that state’s energy future.
Over the next five years, Tuscon, Arizona will be buying more biodiesel buses for the city’s public transportation system.
Louisiana Governor Bobby Jindal this week signed into law the Advanced Biofuel Industry Development Initiative, the most comprehensive and far-reaching state legislation in the nation enacted to develop a statewide advanced biofuel industry. Louisiana is the first state to enact alternative transportation fuel legislation that includes a variable blending pump pilot program and a hydrous ethanol pilot program.
One of the newest board members of the
A group of junior high students from Boise, Idaho has won first place in the National Fuel Cell Competition at the 2008 National Middle School Science Bowl in Golden, Colo.
“This year we got a monster trophy, so we can show everybody this is what we did and this is what we got,” said Eddie Smith, an eighth grader on the team.
On May 25th, 2008, an F5 tornado ripped through the town of Parkersburg, Iowa… killing six people and practically wiping out the small town in Northeast Iowa. Now, with some help from biodiesel, the town is rebuilding.
Due to the current market volatility,
To wrap things up here at the Farm Foundation Transition To A Bio Economy conference I spoke with board member, Cornelius Gallagher. He says the conference brought together world class leaders who were able to listen to some fantastic presentations. I’ve posted interviews with almost all of them so please scroll back through them.