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Asia Pacific is growing into one of the largest sub-regions for wind energy in the world

By 2022, annual wind power capacity in Asia Pacific excluding China (APeC) will reach a peak of 12.1GW according to Make's Asia Pacific (excl. China) Wind Power Outlook 2018. More than double the capacity added by the end of 2017 at 5.5GW. The positive forecast is primarily thanks to market dynamics in India, Australia and Taiwan and Make expects cumulative capacity in the region to amount to 141GW in the 10-year outlook period. 

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New York reveals offshore wind goal of 2.400MW by 2030

Governor of New York, Andrew M. Cuomo has announced that the New York State Public Service Commission has set a course for the state's first procurements of offshore wind to support New York's goal of 2,400MW of new offshore wind generation by 2030.

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Auctions and pursuit for lower LCOE drive growth in next-generation wind turbine sizes

Competition forces turbine OEMs to intensify the pace of innovation to lower LCOE. Next generation technologies for onshore 4-5MW models with 160-175+m rotors and offshore 12-15+MW models with 200-250+m rotors are expected according to MAKE’s Next Generation Wind Turbine Models research note.

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Scandinavia is leading the way in Europe on corporate power purchase agreements

When it comes to wind energy corporate power purchase agreements (PPAs), Scandinavia is ahead of the rest of Europe. In the first half of 2018, Norway and Sweden saw corporate wind PPAs signed totalling almost 1.4GW, a figure equal to the all the corporate PPAs signed in Europe in the whole of 2017.

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Competitive prices in first Greek onshore wind auction

The Greek Regulatory Authority for Energy (RAE) has awarded seven wind projects with a total capacity of 171MW in the country’s first onshore wind auction. The price range of the winning bids was €68–€72/MWh.

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Denmark to source 55% of electricity from renewables by 2030

The Danish government set a new goal to source 55% of its total electricity from renewables by 2030. The plans also calls for the construction of three offshore wind farms with a combined capacity by 2,400MW by 2030.

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