Energy & Renewables Newsletter
May 22, 2008

This Week´s Featured News Stories
Iberdrola will invest US$8bn in renewable energies in the US during 2008-2010
Iberdrola will invest US$8 billion in the sector of renewable energies in the US during the period of 2008-2010, according to what the Company President, Ignacio Galán, announced this weekend in his speech at the XIII Forum of the US-Spain Council. This investment was planned in the Company’s Strategic Plan for the period of 2008-2010. Galán affirmed, during the event that was held in Houston (Texas), that the objective of Iberdrola is to more than double the wind power capacity of the Company in the US, where at the end of the first quarter of 2008 it already had almost 2,400 MW of power and ...
GE receives US$2bn largest ever wind turbine order
Mesa Power LLP, a company created by legendary energy executive T. Boone Pickens, has placed an order with General Electric to purchase 667 wind turbines capable of generating 1,000 megawatts of electricity, enough to power more than 300,000 average US homes. The agreement represents the first phase of the four-phase Pampa Wind Project that will become the world’s largest wind energy project, with more than 4,000 megawatts of electricity, enough for 1.3 million homes. When all phases of the project are completed as projected in 2014, the wind farm will be five times as big as the nation’s current ...
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