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Found 3 results

  1. Il faut le souligner quand des compagnies d'ici font des acquisitions à l'étranger, comme quoi tout ne va pas d'un seul bord! Boralex boosts France operations with proposed takeover Montreal-based renewable energy producer Boralex Inc. has sharply boosted its presence in France with a $400-million proposed takeover of wind power company Enel Green Power France. The acquisition of the Enel wind portfolio will boost the generating capacity of Boralex’s existing operations by about 25 per cent, with the addition of 12 operating wind farms generating about 186 megawatts of power. Currently, Boralex has wind farms, solar projects, hydroelectric and thermal operations in France, Canada and the United States, that have a total capacity of about 754 MW. The company said this deal will make it the biggest independent wind power producer in France. Adding a large proportion to the French porfolio is a “truly company-transforming move,” said Boralex chief executive officer Patrick Lemaire. Currently, France makes up about 37 per cent of the Boralex portfolio, but that will expand to almost half after this transaction closes in January. Mr. Lemaire said in an interview that growth in the renewable sector is “clearer” in Europe than in North America, at the moment. Changes in Ontario’s renewable energy procurement program that make it less attractive, and limits to Quebec’s plans to acquire clean energy, have made those two core Canadian markets less attractive, he said. “France still has nice objectives,” he said. Boralex is also less interested in expanding in the United States, Mr. Lemaire said, because most jurisdictions there operate with a spot market for electricity, and thus there are fewer long-term contracts that secure a power price over the long term. The wind farms being purchased in this deal have long-term contracts in place averaging about 11 years. Privately owned Enel also has a pipeline of about 310 MW of new wind projects that are not yet built, and that will add further to the Boralex total in the next few years, Mr. Lemaire said. “Our main goals are to operate what we have acquired in the past, build new projects … and add growth for the next few years.” Boralex will finance the Enel purchase through bank loans, an existing revolving credit facility, and a bridge credit facility. It will also sell about $110-million in subscription receipts through a bought-deal transaction arranged by National Bank Financial. http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/boralex-boosts-france-operations-with-proposed-takeover/article22095267/
  2. I'm not sure if this is "urban tech", in that it probably isn't something that's applicable in a variety of scenarios, nor if it has already been talked about on this site, but regardless, i still think it's worth mentioning. -------------------- Solar City Tower for Rio Olympics is a Giant Energy Generating Waterfall by Bridgette Meinhold, 03/19/10 This renewable energy generating tower located on the coast of Rio is one of the first buildings we’ve seen designed for the 2016 Rio Olympics, and boy, is it crazy! (In case you didn’t notice, it’s also a waterfall.) The Solar City Tower is designed by Zurich-based RAFAA Architecture & Design, and features a large solar system to generate power during the day and a pumped water storage system to generate power at night. RAFAA’s goal is that a symbolic tower such as this can serve as a starting point for a global green movement and help make the 2016 Olympic Games more sustainable. The self-sustaining tower for the 2016 Olympic Games is designed to create renewable energy for use in the Olympic Village as well as the city of Rio. A large solar power plant generates energy during the day. Any excess power not used during the day is utilized to pump seawater into a storage tank within the tower. At night, the water is released to power turbines, which will provide nighttime power for the city. On special occasions water is pumped out to create a waterfall over the edges of the building, which RAFAA says will be, “a symbol for the forces of nature.” Info on the size of the solar and pumped water storage system is not available yet. Access to the eco tower is gained through an urban plaza and amphitheater 60 meters above sea level, which can be used for social gatherings. On the ocean side of the 105 meter tower (behind the waterfall) is a cafeteria and shop. An elevator takes visitors up to the top floor where an observation deck offers 360 views of the ocean and city. At level 90.5, a bungee platform is available for adventurous visitors. Link to article: http://www.inhabitat.com/2010/03/19/solar-city-tower-for-rio-olympics-giant-energy-generating-waterfall/ -------------------- if for nothing else, the renderings look kinda cool. wonder if you could have such a waterfall flowing off our own olympic tower ? or would that risk to bring in even more toilet jokes ? .. ..
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