**** When the wind is “the thing”, that’s supposed to be your business - when it’s what makes the revenue (or, rather a massive pile of taxpayer and power consumer subsidies) flow - it seems a bit rich for wind power outfits to start whining about there being too much or too little. **** But, … Continue reading Wind Turbines Totally Suck, When the Wind Really Blows & When It Doesn’t
Tag: wind power investment
2 Year Old Siemens Turbines Falling Apart: Wind Farm Investors, Get Out While You Can
These days, the spontaneous combustion of wind turbines is an occurrence so common that STT is thinking about opening a sub-branch that deals exclusively with their terrifying pyrotechnic-melt-downs. Giant fan conflagrations are 10 times more common than the wind industry and its parasites will ever admit (see our post here). And these unscheduled fireworks shows … Continue reading 2 Year Old Siemens Turbines Falling Apart: Wind Farm Investors, Get Out While You Can
Infigen Imploding: Puts US Wind Farms On the Market in Last-Ditch Attempt to Balance its Books
**** Infigen is an all-wind-power-outfit that used to be called Babcock and Brown, which collapsed in spectacular fashion back in 2009: the way things are headed, get set for a replay. Infigen is bleeding cash (it backed up a $55 million loss in 2011/12 with an $80 million loss in 2012/13 and keeps losing money, … Continue reading Infigen Imploding: Puts US Wind Farms On the Market in Last-Ditch Attempt to Balance its Books
More Wind Power Outfits Go Bust: “Farmer-Investors” Lose their Shirts in the US
**** In Australia, the wind industry is in total melt-down, with many of its "BIG" players on the brink of financial collapse. And the dreadful "uncertainty" about the willingness of governments to continue fleecing power consumers and taxpayers - in order to keep throwing massive subsidies at the greatest rort of all time (which, on … Continue reading More Wind Power Outfits Go Bust: “Farmer-Investors” Lose their Shirts in the US
Australian Wind Industry Hits the Wall: Claiming “Uncertainty” the Big KILLER
**** Clean energy spending plunges on RET uncertainty The Australian Sarah-Jane Tasker 13 January 2015 NEW clean energy investment in Australia has dropped to its lowest level since 2009, falling 35 per cent to $4.6 billion, driven by uncertainty over the renewable energy target. A severe downturn in large-scale asset financing helped push the figure … Continue reading Australian Wind Industry Hits the Wall: Claiming “Uncertainty” the Big KILLER
German Wind Power’s ‘Titanic’ Debacle: Bright Future for Coal Guaranteed, as Wind Power Investors Get Fleeced
**** The Germans went into wind power harder and faster than anyone else – and the cost of doing so is catching up with a vengeance. The subsidies have been colossal, the impacts on the electricity market chaotic and – contrary to the environmental purpose of the policy – CO2 emissions are rising fast: if … Continue reading German Wind Power’s ‘Titanic’ Debacle: Bright Future for Coal Guaranteed, as Wind Power Investors Get Fleeced
Wind Power “Investors” and Retailers – Enter Contracts at your own RISK
**** With the Coalition’s RET Review Panel sharpening their axes the wind industry and its parasites have descended into a disorderly state of panic. For the very first time the industry’s wild and unsubstantiated claims about CO2 emissions reductions; its ludicrous claims about being “competitive” with conventional generation sources; and nonsensical claims about having minimal … Continue reading Wind Power “Investors” and Retailers – Enter Contracts at your own RISK
Acciona Hits the Wall
Spanish wind conquistadors, Acciona set the benchmark in generating community outrage in Australia with the way it has ridden roughshod over the hard-working locals at Waubra in Victoria – where it runs a wind farm that the Victorian government and the Clean Energy Regulator know full well does not and can not comply with the … Continue reading Acciona Hits the Wall
Mum & Dad Investors Fleeced as German Wind Power Hits the Wall
**** Thousands of well meaning German mums and dads - conned by wind weasel's lies and promises of fat returns - invested their hard-earned Euros in hundreds of wind projects - now they're watching their cash fast disappearing - like confetti in a cyclone. Meanwhile, to make matters worse, German leader Angela Merkel is shutting … Continue reading Mum & Dad Investors Fleeced as German Wind Power Hits the Wall
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