Tuesday, 30 November 2010

CBD Energy has a $40m wind at its back

Summaries - Australian Financial Review
Wednesday 24/11/2010 Page: 53

Renewable energy group CBD Energy has announced a solar equipment manufacturing deal with China's Tianwei Group, and would soon form a joint venture to examine the acquisition of around $40 million worth of wind farm development assets. wind farm assets in NSW and Victoria, if fully developed, could generate 1250MWs. The Australian Bureau of Agricultural Resource Economics says Australia had 1703MWs of wind power generation in 2009.

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