Credit crunch blows Windflow capital build off course

Christchurch wind turbine manufacturer Windflow Technology raised just half its target in the second stage of a capital build, and is indicating global financial turmoil was a factor. Chief executive Geoff Henderson today said $2.6 million, almost half the target set a year ago, was raised from shareholders exercising entitlement to additional shares under an […]

Unpredictable wind: Wind power: A reality check

NEW YORK (CNNMoney.com) — High-profile personalities have been telling the nation to ditch that dirty fossil fuel and turn to renewable energy. T. Boone Pickens, the billionaire oilman, has been hitting the airwaves, pitching a plan to use wind to replace all the natural gas that’s used to produce electricity, then using that saved natural […]