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Global Wind Energy Market to Reach $124.6 bn by 2030

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 […]

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McDonald’s Signs its First Large Scale Renewable PPA

McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […]

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Investments in Climate Action Increasing, but not Fast Enough: Report

A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […]

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Siemens Gamesa Bags 254 MW Wind Energy Plant Order in Sweden

Siemens Gamesa has announced that it has secured an order to supply the 254 MW Stavro project, its largest ever onshore wind order in Sweden. Siemens Gamesa Renewable Energy (SGRE) has announced that it has secured an order to supply the Stavro project, its largest ever onshore wind order in Sweden. The 62 turbines with […]

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Growatt Strengthens Footprint in Mexico; Hikes Investment in 2 Yrs

Now, in order to further strengthen its market position, the inverter manufacturer has started providing professional training to its local partners. With an aim to strengthen its presence in the Mexican market, Chinese photovoltaic (PV) inverters maker, Growatt, is expanding its business activities including investment and training in Mexico. Recently, the inverter major conducted its […]

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Ingeteam Announces 1 GW Wind Output From India Plant

At least one firm seems happy with their time in India so far. Spanish electrical conversion and turbine control equipment supplier Ingeteam has announced the completion of 1GW of output within the first year of operations at its production facility in India. The firm, which set up its plant near Chennai in Tamil Nadu, had […]

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ABS to Install World’s Biggest Floating Wind Turbine

The project is expected to go online by the end of this year. ABS, a leading class society for floating offshore wind, is installing the world’s largest floating wind turbine of 8.4 MW capacity. Commenting on the development, ABS, Chairman, President and CEO, Christopher J. Wiernicki said “ABS has supported innovation in offshore energy since […]

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Industrial Solar Arm Inks Pact with UNIPER for Solar Process Heat

With an aim to use solar process heat in place of thermal in the industry, solar energy equipment provider Industrial Solar Holding Europe AB, via its wholly owned subsidiary, German Industrial Solar has signed a cooperation agreement with UNIPER SE. The move came after the company analyses the huge potential of solar process heat in […]

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Ginlong Turns in Stellar Third Quarter Numbers

Ningbo, China based String inverter maker Ginlong has announced its third quarter results, with revenues at $52 million. For the firm, which started operations in 2005, these numbers demonstrate the scoching growth it has seen since post 2016, being higher than the numbers recorded in 2014, 2015, and 2016 combined.The numbers also come at a […]

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