- Category: Industry News
Long-term growth is expected for the offshore wind market with a CAGR of 20% from 2016 to 2025 driven mainly by Europe and China according to MAKE’s Global Offshore Wind Power Market 2016 report. Despite reduced growth targets in China, the offshore wind market will be boosted by the Chinese market, which will account for around 30% of the global cumulative capacity by 2025. Uncertainty in the US market following the election of Donald Trump impacts growth projections negatively, delaying some projects to outside of MAKE’s 2016 to 2025 outlook period.
- Category: Industry News
Offshore wind energy market size is anticipated to exceed US$ 130 billion by 2023 according to a new research report by Global Market Insights. Rising number of wind farms is expected to drive the market growth over the forecast period.
- Category: Industry News
Transitioning to a fully renewable electricity system is possible for South America by 2030. A study by Lappeenranta University of Technology (LUT) and VTT Technical Research Centre of Finland Ltd. also shows that a 100 per cent renewable system (100% RE) is the cheapest electricity production option and can be achieved with very few energy storages.
- Category: Industry News
The Taiwanese government has set an ambitious target of 4GW of total offshore capacity by 2030 to capitalise on its rich offshore wind resources. This is the largest target for any market in the Asia Pacific region excluding China.
- Category: Industry News
Stakeholders in today’s global wind turbine market are committing a greater amount of research and development investment to wind blades than to any other component in wind turbines. Wind turbine original equipment manufacturers (OEMs) are designing blades and drawing from advanced materials offerings from the major chemicals, polymers, composites, and stitched fabrics materials companies, while materials companies are competing to bring higher modulus and strength solutions to market to satisfy clients seeking longer and stiffer blades while controlling cost and supply chain flexibility.
- Category: Industry News
A new report from NSRI (National Subsea Research Initiative) has identified Operations & maintenance (O&M) – particularly inspection, repair and maintenance (IRM) activities – as the highest potential area for subsea companies to diversify into offshore wind. Titled ‘Subsea Technological Challenges in Offshore Wind’, the report highlights opportunities the offshore wind industry holds for UK subsea companies, with a technology roadmap outlining the way ahead with industry-driven objectives.
- Renewables accounted for 13.8% of US generation in 2015
- Wind turbine services market is expected to exceed US$ 22 billion by 2025
- New report shows potential growth of distributed wind energy in the USA
- Politics in China and in North America alter global growth outlook negatively
- Fund dedicated to researching the environmental impact of offshore wind
- The US Interior Department develops foundation for the future of renewable energy program
- Policy change significantly impacts China’s wind power outlook
- IMCA publishes standardised boat landing research report
- Offshore wind could grow more than 650% by 2030
- American wind power on the rise with 20GW more on the way
- Egyptian wind power market slow to launch
- BOEM and California launch Offshore Renewable Energy Task Force
- Demand for lubricants for wind turbines will increase to 53.7 kilotonnes by 2020
- Europe regains ground in renewable energy investment attractiveness index
- Market4RES report lays out blueprint for large scale integration of renewables
- Wind power to dominate power sector growth
- Wind and solar power alone can meet the energy needs of a whole region
- Pile driving for offshore wind farms has no negative effects on harbor porpoise population
- Argentina could source 8% of electricity from renewables in 2017
- Worldwide wind capacity reaches 456GW
- Wind performance maps show deviations in the wind resource in every region
- Offshore wind report highlights innovations to reduce cost of energy
- More than 140GW of new wind power capacity expected in Europe to 2025
- Catapult seeks UK University to join Wind Blade Research Hub
- Vestas led all wind turbine vendors in orders received
- New York Offshore Wind Alliance targets 5GW by 2030
- US launches new national offshore wind strategy
- Demand for renewable electricity in Europe grows with 9%
- South Africa touted as new hotspot for wind power installation
- Policy clarity in key markets provides near-term boost to the global outlook