Category: Wind Power

Global wind turbine operations and maintenance market is expected to reach $27.6 billion by 2027: Research and Markets

Global wind turbine operations and maintenance market is expected to reach $27.6 billion by 2027: Research and Markets

February 17, 2021 | ,

The global wind turbine operations and maintenance market is expected to reach $27.6 billion by 2027 from $17.9 billion in 2020 growing at a CAGR of 6.4 per cent over the period, according to Research and Markets. The onshore wind turbine O&M market, one of the segments analyzed in the report, is projected to record a CAGR of 4.7 per cent and reach $22.3 billion by the end of the analysis period.

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Climate Neutral Europe: EC publishes offshore renewable energy strategy

Climate Neutral Europe: EC publishes offshore renewable energy strategy

February 16, 2021 | , ,

Europe is taking comprehensive steps to deliver on its commitment to become climate neutral by 2050 as set out in the European Green Deal. For this, the European Commission (EC) proposes an EU strategy to make offshore renewable energy a core component of the continent’s energy system by 2050. In November 2020, the EC presented to the European Parliament its offshore renewable energy strategy titled ‘An EU Strategy to harness the potential of offshore renewable energy for a climate neutral future’.

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EDF and Windvision secure 226 MW of onshore wind capacity in France

EDF and Windvision secure 226 MW of onshore wind capacity in France

February 15, 2021 | , ,

EDF Renewables and its partner, Windvision have announced that they have secured a 226MW project in France’s latest auction for onshore wind projects. The wind farm known as the ‘ Mont des Quatre Faux project’ will be located near Rethel, in the Ardennes department of France’s Grand Est region. It will be spread across seven municipalities and will be built at an estimated cost of Euro 250 million. Once running, the project will be equipped to fuel the power needs of around 250,000 people.

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Macquarie raises €1.6 billion for investing in solar and wind power projects

Macquarie raises €1.6 billion for investing in solar and wind power projects

February 10, 2021 | , , ,

Macquarie Infrastructure and Real Assets (“MIRA”) has raised more than €1.6 billion for investment in renewable energy against its initial minimum fundraising target of €1 billion. The company has reached the final closure of its 25-year closed-end fund, Macquarie Green Investment Group Renewable Energy Fund 2 (“MGREF2”). MGREF2 will invest in a diversified portfolio of operational and under construction solar and wind power projects as well as clean energy platforms.

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Offshore wind farm decommissioning

Offshore wind farm decommissioning

February 10, 2021 | , ,

A significant part of wind energy in the Netherlands is generated by offshore wind farms at sea. In the coming decades, the number of wind farms will be scaled up in line with current energy transition and sustainability objectives. What happens to these wind turbines when they reach the end of their operational life? What volumes of material are involved? How can we prevent an adverse impact of this dismantling on the environment? What forms of economic activity may result from this removal task?

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Total and GIG secures seabed lease for 1.5 GW offshore wind project

Total and GIG secures seabed lease for 1.5 GW offshore wind project

February 9, 2021 | , ,

The joint venture between Total and the Green Investment Group has secured rights for a seabed lease for offshore wind development off the United Kingdom Coast. The lease is valid for projects that are located off the UK’s East Anglian coast and will have an installed capacity of 1.5 GW. The project was awarded in the fourth round of offshore wind lease auctions by the UK and represents the largest European offshore wind development in the joint venture’s portfolio.

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Ares and Apex Clean Energy partner for 302 MW wind power plant

Ares and Apex Clean Energy partner for 302 MW wind power plant

February 3, 2021 | , ,

Ares Management Corporation has announced that funds managed by Ares’ Infrastructure and Power group have acquired the 302 MW Lincoln Land Wind project, located in Morgan County, Illinois from Apex Clean Energy. This project builds upon the successful partnership history of these two companies and also demonstrates strong momentum in the industry, heading into 2021 through the wind project.

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Iberdrola nominates Seimens Gamesa for 3.1 GW of offshore wind farms in the UK

Iberdrola nominates Seimens Gamesa for 3.1 GW of offshore wind farms in the UK

February 3, 2021 | , ,

Siemens Gamesa has been nominated by Iberdrola’s subsidiary, ScottishPower, to be a conditional preferred supplier for the 3.1GW East Anglia Hub offshore wind complex off the United Kingdom Coast. The offshore wind complex consists of three wind farms namely the 800 MW East Anglia ONE North, the 900 MW East Anglia TWO, and the 1400 MW East Anglia Three. If ScottishPower is successful in the upcoming tender for the wind complex, Siemens Gamesa will supply 200 turbines of 14 MW each.

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California Energy & Power to deliver its vertical axis wind turbines to Hansei Corporation

California Energy & Power to deliver its vertical axis wind turbines to Hansei Corporation

February 2, 2021 | , ,

California Energy & Power (CE&P), a US vertical axis wind turbines (VAWT) wind turbine company, has secured its first commercial purchase orders from the Hansei Corporation, an engineering, procurement, and construction company in the Philippines. Initial turbines will be deployed in strategic locations in the Philippines, with plans to deploy the company’s CALI series VAWTs along a newly built expressway project to provide electricity for lighting systems, signaling/protection, and electronic vehicle charging stations.

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Northland Power acquires 49 per cent stake in Baltic power offshore wind project in Poland

Northland Power acquires 49 per cent stake in Baltic power offshore wind project in Poland

February 1, 2021 | , ,

Northland Power Inc. has signed an agreement with PKN ORLEN S.A. acquiring a share of 49 per cent, subject to regulatory approvals, in the Baltic Power offshore wind project in the Baltic Sea with a cumulative offshore wind capacity of up to 1.2 GW. The Baltic Power project is already under development and is located about 23 km off the coast of Poland.

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Spain allocates 3 GW of renewable energy in latest auction

Spain allocates 3 GW of renewable energy in latest auction

January 31, 2021 | , , ,

Spain has announced the allocation of about 3 GW of renewable energy capacity in its first renewable energy auction since 2017. The auction was conducted by the Ministry for the Ecological Transition and witness the awarding of 2 GW of solar capacity. Additionally, the Ministry also allotted about 1 GW of wind energy under the auction. The winning bidders must complete the solar projects by February 2023 and wind projects by February 2024.

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Statkraft and Aker Offshore Wind partner to explore offshore wind project opportunities in Norway

Statkraft and Aker Offshore Wind partner to explore offshore wind project opportunities in Norway

January 28, 2021 | , ,

Statkraft has signed a cooperation agreement with Aker Offshore and Aker Horizons to explore the possibility of developing, operating and delivering energy from offshore wind projects in Norway. The said cooperation plans to explore the possibility of setting up a bottom-fixed offshore wind project at Sørlige Nordsjø II (“SN2”).

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