http://www.stuff.co.nz/4791367a6011.html
Herewith a newspaper articial
BB
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http://www.stuff.co.nz/4791367a6011.html
Herewith a newspaper articial
BB
The Te Rere Hau farm is starting to make some money.....
http://www.windflow.co.nz/news/newsl...etter%2026.pdf
Unfortunately no. It would be available to parts of the South Island but the transmission lines aren’t up to taking it any further. While there was investment in Manapouri the powers that be have let investment in the lines drift. They are busy biffing water away at the moment as Tiwai point can’t use it and the power would have no where to go.
I have been playing on the NZ wind energy association calculator..
http://windenergy.org.nz/wind-energy/calculator
At the end of January 09 NWF should have 40 turbines operating, on line unrestricted, the calculator tells me (with 46% power factor) that 40 turbines generate 81,000MWhr's at $96 per MWhr (average sell price p.a. from memory)
So income should improve by $7.8 million per year.
Each turbine cost about a $1 million so getting close to 20% gross return off each turbine. It will be interesting to see how much they paid in real terms for Babcock and Brown's share?
The first ann of the year and another 4 turbines commissioned......:confused:
http://stocknessmonster.com/news-ite...S=NWF&N=176814
It's like pulling teeth.....:rolleyes:.......and blaming contractors
I've just had a week in PN visiting family. The progress of the turbines looks good (don't ask me how many were up, I wasn't counting), but I don't think I saw a blade move (well once or twice very slowly). I lived in PN for 20 something years and I've never seen it so calm for so long! Don't expect any income this week.
The company had a lot to say last year but 2009 not much this is always a worry
would like some sort of UPDATE..
Yes I agree BRICKS.....not much from Windflow tech either...stage 2 should be commissioned by now, 2nd quarter is up!
Appointing Wyatt Creech as director is not exactly exciting either...
http://stocknessmonster.com/news-ite...S=NWF&N=178786