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Sun12282014

Boeing successfully completes test flight with green diesel

Boeing successfully completes test flight with green diesel

Boeing has completed the world’s first flight using green diesel. On December 3,...

U.N.F.C.C.C. head urges climate action as Lima Conference begins

U.N.F.C.C.C. head urges climate action as Lima Conference begins

United Nations Framework Convention on Climate Change Executive Secretary Christ...

Philippines houses world’s largest solar-powered mall

Philippines houses world’s largest solar-powered mall

A mall in the capital city of the Philippines is now sporting a 1.5-megawatt sol...

U.S., China announce significant emissions reduction cuts

U.S., China announce significant emissions reduction cuts

The Governments of the United States and China have announced that they will be ...

Best Eco Cars of 2014

Best Eco Cars of 2014

Eco-friendly cars, also referred to as green cars, are vehicles that have a less...

Largest wind farm in Southeast Asia goes online in the Philippines

Largest wind farm in Southeast Asia goes online in the Philippines

The largest wind farm in Southeast Asia, a 150-megawatt installation in the Phil...

SPI Solar to acquire 360 MW worth of solar power projects in China

SPI Solar to acquire 360 MW worth of solar power projects in China

Solar Power, Inc. is set to become one of the largest solar developers in China....

Business

tenKsolar expands manufacturing capacity in Thailand

tenKsolar expands manufacturing capacity in Thailand

Friday, 19 December 2014

tenKsolar is establishing new production lines in Thailand for their manufacture of their solar modules. tenKsolar, which is based in Minneapolis, des...

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Technology

Bacteria producing sweet-smelling compound for greener fuels

Bacteria producing sweet-smelling compound for greener fuels

Tuesday, 02 December 2014

A sweet-smelling chemical compound primarily used in fragrances and flavoring is being studied for its potential as a clean and green biofuel. Methyl ...

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Politics

U.N. chief hails results of C.O.P. 20

U.N. chief hails results of C.O.P. 20

Wednesday, 17 December 2014

United Nations Secretary-General Ban Ki-moon hailed the results of the recently concluded Conference of the Parties in Lima, Peru. The Secretary-Gener...

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Living Green

Seven tips to keep cozy and warm while keeping energy use low

Seven tips to keep cozy and warm while keeping energy use low

Tuesday, 23 December 2014

People will always have the impulse to be comfortable and will spend to do so, rather than save and compromise. City living in the U.S. would require ...

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Renewables

Vestas wins orders from U.K., Poland, and Turkey

Vestas wins orders from U.K., Poland, and Turkey

Tuesday, 23 December 2014

Wind turbine manufacturer Vestas has received firm and unconditional orders from the United Kingdom, Poland, and Turkey. In the U.K., Vestas has recei...

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Low-Carbon

Seven eco-friendly home heating solutions

Seven eco-friendly home heating solutions

Friday, 12 December 2014

Environmentally friendly home heating solutions are valuable for the planet, and can lower your utility bills. With the numerous home heating alternat...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Chinese region of Xinjiang grants Navajo Wind project final approval


Navajo Wind Energy Corp.’s wind energy project in the
Xinjiang region of China will make it one of few companies licensed to trade electricity in and out of China.Image sourced from Navajo Wind Energy Corp.

The Chinese autonomous region of Xinjiang has granted final approval to US wind company, Navajo Wind Energy Corp. (PINKSHEETS: CLBN), for the Xinjiang Power Purchase Agreement (PPA). The approval, which was announced yesterday (May 11), is mandated by the Central Government of China through the country’s Renewable Energy Law.

The law orders that the construction of renewable energy facilities must be encouraged, and that China’s electricity grid must purchase all the electricity produced by approved facilities within its service area. The buying price is set by the State Council’s regulatory department, the National Development and Reform Commission (NDRC).

Navajo awaits final pricing, terms, and conditions from the NDRC within the next few weeks. Details of the PPA will also be announced during the said period. The wind farm construction permit is expected to be released by September. Navajo Wind will also be finalizing current information for the Pink Sheets OTC disclosure and news service.

Navajo Wind, formerly called Caliber Energy Inc., is currently focused on developing more than 500 megawatts of clean wind energy. Its key acquisition of Guangzhou Jianinxiang Co. Ltd., a wind farm and power trading company, makes Navajo Wind one of a few companies licensed to trade electrical power in and out of China. Navajo Wind is based in Atlanta-Georgia.


Jen Balboa


Sources:

1 http://www.marketwire.com/press-release/Navajo-Wind-Energy-Corp-987704.html
2 http://www.navajowindenergy.com/about_navajo.htm

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