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offshore wind

India Needs To Triple Wind Energy Power By 2027: EMBER Report

India must triple its installed wind power capacity by 2027 to meet the projections made by the National Electricity Plan (NEP14). Though implementation of policies with state-specific targets will be crucial, the trends of wind and solar together will work in its favour – a reliable and diversified energy mix that helps India meet its […]

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Gujarat: GE Vernova Set To Supply 51.3 MW Wind Energy To Powerica

US-based wind energy company GE Vernova recently signed an agreement to supply 51.3 MW of wind turbines to Powerica in Gujarat. For its 51.3 MW project in Devbhumi Dwarka, Gujarat, Powerica has chosen to install 19 GE Vernova 2.7 MW-132 wind turbine generators (WTGs). Powerica, a key player in both the Independent Power Producer (IPP) […]

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H1: Global Wind Turbine Orders Hit 91.2 GW, India Orders Rise 69% YoY

Globally, the wind turbine order intake reached a new high in H1, with the addition of 91.2 GW. This is a 23 percent increase year-over-year (YOY). According to a new analysis from Wood Mackenzie, this took the global investment by developers in H1 to US$ 42 billion, a 3% increase YOY. Whereas, the developers in […]

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Q3 2024: GE Vernova Faces $300Mn Loss Despite Onshore Wind Profitability

GE Vernova recently released its financial results for 2024, in its financial guidance it posted a revenue trending towards the higher end of $34-$35 billion, adjusted EBITDA margin* of 5%-7%, and free cash flow* of $1.3-$1.7 billion. The company expects incremental strength in its Power and Electrification segments, with both trending towards the higher end […]

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How Extreme Weather Events Are Threatening Wind Projects?

In May this year, India witnessed the infamous case of a windmill catching fire amid extreme heat waves. The incident was reported from the Jaisalmer district of Rajasthan when the temperatures almost crossed 50 Degree C. Pictures and videos of the ignited windmill were widely shared on social media and spread like a fire among […]

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MingYang Defies Skeptics With Successful Installtion of 20 MW Offshore Turbine

Proof if ever was needed, on the next frontier for Chinese renewable equipment majors, is here. Offshore wind turbines, probably the last big segment that Chinese firms turned their attention to, has a new record holder for turbine size at 20 GW, in the form of Chinese renewable energy equipment manufacturer Mingyang Smart Energy. Mingyang […]

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2023: Onshore Wind Struggles With Permits, Grid Issues: Report

According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […]

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TotalEnergies Launches 3 MW Floating Wind Pilot At Culzean

TotalEnergies launched a pilot project constituting a floating wind turbine that would supply renewable power to the Culzean offshore platform in the UK North Sea. The 3 MW floating wind turbine will be located 2 km west of the Culzean platform, 220 km off the eastern coast of Scotland. This turbine, expected to be fully […]

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Will Europe Give In To Rising Dominance of China in Global Wind Energy?

Wind energy is arguably the second most impactful industry in the global renewable world, after solar. The sector continued its impressive growth in 2023, setting a new record for global new wind turbine installations, 34 per cent higher than in 2022. The world installed added over 116 Gigawatt (GW) of new wind capacity during the […]

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