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Commerzbank: Global Wind Market Continues To Grow, Albeit With Regional Fluctuations

● New installations collapsed in Germany, volatility is putting wind sector under pressure ● Internationalisation as a strategic trend ● Long-term power purchase agreements are gaining ground This week, Commerzbank presented its view of the global wind energy market in Hamburg to coincide with the Husum Wind industry event, which takes place from 10 to 13 September 2019. “If we want to achieve our CO2 … Continue reading Commerzbank: Global Wind Market Continues To Grow, Albeit With Regional Fluctuations

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Despite The Challenging Market Conditions, The WindGuard Group Achieves Important Objectives In 2019

Varel – Despite the tense situation on the German market, WindGuard is looking positively to the future. “Certainly the German market is not easy at the moment. But we have nevertheless achieved important goals in our core services. Our Technical Management has skipped the 600 MW mark in 2019 and our accredited inspection body is currently carrying out one of the most comprehensive offshore inspection … Continue reading Despite The Challenging Market Conditions, The WindGuard Group Achieves Important Objectives In 2019

GE Agrees Major Wind Turbine Deals In Turkey

GE Renewable Energy, which already has an over 1,200 MW installed base in Turkey, has agreed two more major deals to supply wind turbines and other equipment in the country, for a 158 MW project and a 138 MW project, according to press releases from the company. The first project in Turkey that GE Renewable Energy announced earlier this month concerns the first order in … Continue reading GE Agrees Major Wind Turbine Deals In Turkey

New Joint Project Between Wind And Chemical Industry To Advance Wind Turbine Recycling

WindEurope, Cefic and EUCIA have created a cross-sector platform to advance novel approaches to the recycling of wind turbine blades. In 2018 wind energy supplied 14% of the electricity in the EU with 130,000 wind turbines and this number will only grow in the coming decades. Wind turbines blades are made up of a composite material, which boosts the performance of wind energy by allowing … Continue reading New Joint Project Between Wind And Chemical Industry To Advance Wind Turbine Recycling

Offshore Wind Delivers Again In Competitive Dutch Tender

The Netherlands Enterprise Agency announced today that Vattenfall has won the tender to build and operate the Hollandse Kust 3 & 4 offshore wind farms in the Dutch North Sea. Hollandse Kust 3 & 4 sites are a combined 760 MW and will start operating in 2023. They are the latest in a series of 700 MW annual offshore wind auctions in the Netherlands. WindEurope … Continue reading Offshore Wind Delivers Again In Competitive Dutch Tender

Terna Energy Secures Refinancing For Largest Greek Wind Farm

Alpha Bank, Eurobank Ergasias and National Bank of Greece have provided EUR 117 million in non-recourse refinancing for the 73.2 MW Aghios Georgios wind farm operated by a subsidiary of Terna Energy, global law firm Norton Rose Fulbright has said in a press release. The wind farm owned by Terna Energy is located on the uninhabited islet of Aghios Georgios offshore Attica in the Athens … Continue reading Terna Energy Secures Refinancing For Largest Greek Wind Farm

Europe Installs 4.9 GW Of New Wind Energy Capacity In First Half Of 2019

Europe added 4.9 GW of new wind energy capacity in the first half of 2019, according to figures released today by WindEurope. The combined installations of new onshore and offshore wind capacity is up on the same period last year (4.5 GW), but onshore installations were down due to serious issues in Germany. Europe installed 2.9 GW of onshore wind in the first half of … Continue reading Europe Installs 4.9 GW Of New Wind Energy Capacity In First Half Of 2019

GE Renewable Energy unveils the first Haliade-X 12 MW, the world’s most powerful offshore wind turbine

GE Renewable Energy revealed the first manufactured components of the Haliade-X 12 MW offshore wind turbine at its production site in Saint-Nazaire, France. The new offshore wind turbine boasts unparalleled dimensions and the use of advanced technologies. GE has taken a new step towards launching the Haliade-X 12 MW to the market, as planned for 2021The first nacelle revealed today will be shipped from Saint-Nazaire … Continue reading GE Renewable Energy unveils the first Haliade-X 12 MW, the world’s most powerful offshore wind turbine

New Program to Accelerate Expansion of Offshore Wind Power in Developing Countries

The World Bank Group announced today a new program to fast-track the adoption of offshore wind energy in developing countries. The World Bank and IFC will help emerging markets assess their offshore wind potential and provide technical assistance to develop a growing pipeline of projects that are ready for investment by renewable energy developers. The offshore wind industry has grown nearly five-fold since 2011, with … Continue reading New Program to Accelerate Expansion of Offshore Wind Power in Developing Countries

VESTAS beats Siemens Gamesa in 2018, 10.4 GW installed

In 2018, global installed wind power capacity decreased year-to-year from 52 GW to 50.6 GW, due to increased competition from solar and a transition to more challenging market-based competitive incentives for the wind market. As the industry plateaus in certain countries, some turbine manufacturers are responding to the shifting market dynamics better than others. According to a new report from Navigant Research, Vestas retook the … Continue reading VESTAS beats Siemens Gamesa in 2018, 10.4 GW installed