Another Stable Year of Growth for Wind Energy With China in the Lead Updated On Wed, Nov 27th, 2019 by Saurenergy The wind power energy industry saw a fall of 3.6 percent fall when compared to 2017’s growth, however, GWEC claims that the growth has been stable The wind power energy industry installed 51.3 gigawatts (GW) of new capacity last year, a 3.6 percent fall when compared to 2017’s growth, the Global Wind Energy Council (GWEC) […] Read more
Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years Updated On Fri, Nov 15th, 2019 by Saurenergy In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […] Read more
Global Wind Energy Market to Reach $124.6 bn by 2030 Updated On Wed, Nov 13th, 2019 by Saurenergy Significant capacity additions in the APAC region are expected to increase the market size of the global wind energy market to USD 124.6 billion by 2030 The global wind energy market size increased from USD 71.6 billion in 2010 to USD 96.4 billion in 2018. During the 2019–2030 forecast period, significant capacity additions in the […] Read more
GE Renewable Energy to Build 715 MW Wind Farm in China Updated On Mon, Nov 11th, 2019 by Saurenergy GE Renewable Energy and China Huaneng Group have signed an agreement to build a 715 MW wind farm in China. GE Renewable Energy and China Huaneng Group have signed an agreement at the China International Import Expo (CIIE) to build a 715 MW wind farm in Puyang, Henan Province, China. This record deal represents GE’s […] Read more
Excelsior Acquires 109 MW Wind Energy Portfolio From Invenergy Updated On Fri, Nov 8th, 2019 by Saurenergy Excelsior has acquired 90.1 percent of Invenergy’s sponsor equity interests in the combined 109 MW Prairie Breeze II and III wind energy projects in Nebraska. Excelsior Energy Capital, a leading independent North American renewable energy investor, has announced that its North American Renewable Energy Fund has executed definitive agreements for the acquisition of 90.1 percent […] Read more
Southern Power Acquires 136 MW Wind Facility From RES Updated On Tue, Oct 29th, 2019 by Saurenergy Southern Power has acquired the 136 MW Skookumchuck Wind Facility from RES Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced the acquisition of its 12th wind project, the 136-megawatt (MW) Skookumchuck Wind Facility from RES (Renewable Energy Systems). “This project is a great addition to our renewable […] Read more
Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040 Updated On Mon, Oct 28th, 2019 by Saurenergy A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […] Read more
US DOE Grants $28 Million For Wind Energy R&D Updated On Fri, Oct 25th, 2019 by Saurenergy The US DOE has announced the selection of 13 projects to receive a total of USD 28 million to advance R&D in wind energy nationwide. The US Department of Energy (DOE) has announced the selection of 13 projects to receive a total of USD 28 million to advance research and development (R&D) in wind energy […] Read more
Global Offshore Wind Capacity Predicted to Reach 193 GW by 2030, 500 GW by 2050 Updated On Tue, Aug 20th, 2019 by Saurenergy Global offshore wind market growth predictions show accelerated growth in the next decade, with cumulative capacity ranging from 154 to 193 GW by 2030, and over 500 GW by 2050 According to a new report by the National Renewable Energy Laboratory (NREL), the global offshore wind market growth predictions show accelerated growth in the next […] Read more