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offshore wind energy

Top 3 Western Wind Turbine OEMs to Control 60% Market by 2028

The top five global wind turbine OEMs are expected to control 75% of the sector by 2028, while the leading 3 western OEMs will increase their market share to 60% Market share consolidation by global wind turbine original equipment manufacturers (OEMs) is set to intensify. After a decade of fragmentation, the top five global turbine […]

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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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GE Renewable Energy to Build 715 MW Wind Farm in China

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 […]

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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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Shell to Boost Floating Wind Expertise Via EOLFI Acquisition

However, the acquisition of EOLFI is subject to regulatory and ministerial approvals, which is expected to be completed during the month of December this year. With an aim to expand its renewable energy business and to get specialization in floating wind capabilities, Royal Dutch Shell has entered into an agreement to buy 100 percent shareholding in […]

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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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Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA

Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […]

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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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Nexans Gets Contract for 1,075 MW Seagreen Wind Farm Project

The company will be the preferred supplier for designing, manufacturing and installing onshore and offshore export cables for the phase-I development of the project. France based cable manufacturer Nexans has received a contract from SSE Renewables, a renewable energy arm of Airtricity, for 1,075 MW Seagreen offshore wind farm project. As per the agreement, the […]

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