Today, a European company put the finishing touches on a wind project in North Dakota which Americans have known for decades is ‘the Saudi Arabia of Wind.’ Spain’s Iberdrola Renovables, the parent company of Iberdrola Renewables Inc that built the project became a giant global wind company in the wake of the Kyoto Accord. The European renewable energy sector grew from the resulting renewable energy legislation in Europe. The result is that it is European wind companies such as Vestas and Iberdrola, that are now building the wind energy that we need. Iberdrola Renovables is the largest provider of wind power in the world. It now has over 10 Gigawatts of wind power in operation in 23 countries and 56 GW of projects in the pipeline. It began in 2001 from an initial renewables capacity of little more than 1,000 MW. That tremendous growth is indicative of what legislation like the Kyoto Accord and the resulting EU carbon markets will do to grow renewable energy companies. But renewable energy legislation has been filibustered by the Republican Party each time it was brought up, since 1993. Because of these 16 years of Republican refusal to allow […]

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