spotlight

Wind Power to dominate power sector growth

–    To supply up to 20% of global electricity by 2030 BEIJING, 18 October 2016. The Global Wind Energy Council released its biennial Global Wind Energy Outlook today, outlining scenarios where wind could supply 20% of global electricity by 2030. The report looks at four scenarios exploring the future of the wind industry out to …

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Mainstream Renewable Power and GE Energy Financial Services sign agreement to develop, build and operate wind power plants in Vietnam

HANOI, VIETNAM – 2016 28 SEPTEMBER: Mainstream Renewable Power and GE Energy Financial Services, a GE Capital business unit (NYSE:GE), have signed a term sheet to develop, build and operate large scale wind power plants in Vietnam. The projects are expected to comprise both greenfield and partially developed sites, are intended to include co-operation with local …

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Experts Anticipate Significant Continued Reductions in Wind Energy Costs

Berkeley Lab study shows expected declines of 24%–30% by 2030 and 35%–41% by 2050  Berkeley, CA — Technology advancements are expected to continue to drive down the cost of wind energy, according to a survey of the world’s foremost wind power experts led by Lawrence Berkeley National Laboratory (Berkeley Lab). Experts anticipate cost reductions of …

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Strong expansion before the switch to tendering – German H1 2016 wind power statistics

Germany adds 1,892 MW of wind power in the first half of 2016 With a net capacity of 1,892 megawatts in the first six months of the year, 2016 looks like being a good year for land-based wind energy expansion. This strong expansion is being driven by the allocation of suitable sites and priority areas in …

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Offshore wind in Europe draws €14 billion investment in first half of 2016

The European offshore wind industry attracted a record €14 billion in new investments during the first six months of 2016. Seven projects reached final investment decision this year, financing a total of 3.7GW of new capacity. The UK accounted for nearly three-quarters of the new investments. The volume of new grid-connected installations in the first …

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Expansion of offshore wind energy in Germany in the first half of 2016

Rough sea ahead for offshore wind industry As was to be expected, the number of new offshore wind installations in Germany was relatively moderate in the first six months of the year, with a total capacity of 258 megawatts going on line. The industry estimates an overall offshore expansion to the tune of 700 megawatts …

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