Siemens to build wind farm in Bulgaria
BULGARIA - A joint venture of German electrical and engineering group Siemens will invest 440 million levs US $297.7 million to build a 140 megawatt wind power farm in Bulgaria, the energy ministry said.
Innovative Wind Concepts, a joint venture between Siemens financial arm SPV and German wind park operator Windkraft Nord, will install 59 wind turbines in northeastern Bulgaria, near the Black Sea coast by the beginning of 2013.
The annual power production from the park is estimated at 350,000 MWh, the ministry said.
Wind park projects in Bulgaria have mushroomed over the past several years as investors took advantage of general incentives schemes for power produced from renewable energy sources.
The investor bonanza forced the Balkan country to tighten rules for new plants and proposed a ban to build solar and wind energy farms on arable land over fears that the renewable energy boom can cause grid instability and increase energy prices.
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ATLANTA - Power has been restored at the world’s busiest airport after a massive outage Sunday afternoon left planes and passengers stranded for hours, forced airlines to cancel more than 1,100 flights and created a logistical nightmare during the already-busy holiday travel season.
An underground fire caused a complete power outage Sunday afternoon at Hartsfield-Jackson Atlanta International Airport, resulting in thousands of canceled flights at the world's busiest terminal and affecting travelers worldwide.
The massive outage didn’t just leave passengers stranded overnight Sunday, it also affected travelers with flight Monday morning.
According to Paul Bowers, the president and CEO of Georgia Power, “From…
