Comments on: GCube underwrites 33% of all Canadian wind energy https://www.windpowerengineering.com/gcube-underwrites-33-canadian-wind-energy/ The technical resource for wind power profitability Wed, 12 Oct 2016 23:28:01 +0000 hourly 1 https://wordpress.org/?v=6.8.1 By: Robert Echavaria https://www.windpowerengineering.com/gcube-underwrites-33-canadian-wind-energy/#comment-527119 Wed, 12 Oct 2016 23:28:01 +0000 http://www.windpowerengineering.com/?p=29772#comment-527119 Interesting, but I’m curious to what extent GCube has contemplated the intellectual property risk associated with renewable energy project deployment. In the past few years we’ve seen some sizable projects in UK offshore and US onshore hindered by patent infringement liability that went unchecked during the project finance due-diligence process. When Enercon sued Siemens,A2SEA and the project developers in the UK, it blocked Westermost Rough and Gunfleet Sands from starting construction and the litigation threatened to shut down London Array, a total of 5 Billion Euros of projects. Ultimately, the patent was invalidated, but there are over 50,000 globally filed patents related to wind turbine technology and most of them are not evaluated for the patent infringement risk they pose to a project or a particular turbine OEM.

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