Areva, a french nuclear power company is set to buy Repower - a German wind turbine manufacturer.

This follows what I would call a long-time engagement, since I originally blogged about it in September 2005 (see entry "Now nuclear is buying into wind") - when Areva bought 21.1% of Repower shares. Actually, they have got to be kicking themselves for not buying the company outright back in 2005, when the stock was only a third of the price it is now. Ouch !

EDF energies nouvelles is joining forces with Greece's Public Power Corp to build wind-generated power facilities with a total power of 122 megawatts, scheduled for completion by 2009.

The Greek islands can lay claim to some of the highest wind speeds in Europe, if not the world. So wind farms located there can perform at a much higher load factor. Late last year for example, the same Public Power Corp reached an agreement with Rokas to take part in a 2.4 billion euro (US$3 billion) wind park project on three Aegean islands.

Greece already has quite a lot of windpower and stands to gain a lot more.

Rokas, for example, is Greece's largest wind power firm, operating 13 wind parks with a total capacity of 193.2 megawatts. The aim to provide up to 600 megawatts of wind power by end 2009.