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Wind Turbine Nacelle Market Estimated To Reach $40.3 Billion By 2033: Report

The “wind turbine nacelle market” is estimated to reach $40.3 billion by 2033, it was valued at $22.3 billion in 2023, growing at a CAGR of 6.3% from 2024 to 2033, according to a report by Allied Market Research. According to the Allied Market Research report, the global wind turbine nacelle market has experienced growth […]

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Vestas Signs MoU With Maersk For Offshore Wind Turbine In South Korea

Vestas signed a Memorandum of Understanding with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City, on a plan towards a supply chain investment in Mokpo City in the Jeonnam Province, South Korea. Under the Memorandum Understanding (MoU), the parties will work together to establish a nacelle manufacturing plant and logistical base for offshore wind turbines at […]

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Green Volt Receives Order For Floating Wind Project in Europe

Offshore wind developers’ flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, announced that their floating offshore wind project, Green Volt, was granted offshore planning approval. With onshore consent announced earlier this month, Green Volt has received all its planning approvals and remains on track to be the first commercial-scale offshore windfarm in Europe. […]

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NTPC- REL Invites BOS Bids For 1110 MW Wind Project In Karnataka

NTPC Renewable Energy Limited (NTPC REL) released a tender inviting online bids for Inter State Transmission System (ISTS) connected wind energy project with a nominal capacity of 1110 MW in Bijapur region, Karnataka, Tranche – II The tender invited shared details for detailed design, engineering, micro-siting, manufacturing, supply, erection, testing, commissioning, and proving the guaranteed […]

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Statkraft To Provide Wind, Hydro Energy To German Railway Company

Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power plants in Langwedel and Landesbergen in Lower Saxony, Germany from 2027 to the end of 2034. Over the 8-year contract term, the Norwegian energy company will supply a total of just over 350,000 MWh of green electricity as a […]

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JSW Acquires 45 MW Wind Project From Reliance In Maharashtra

JSW Renewable Energy (Coated) Limited, a wholly owned subsidiary of JSW Neo Energy Limited (or JSW Neo) and subsidiary of JSW Energy acquired 45 MW of Wind based Renewable Energy Project from Reliance Power Limited. This project is located at Jath, Sangli District, Maharashtra. In accordance with our prior announcement on March 22, 2024, they […]

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EU Probes Foreign Subsidies For Chinese Wind Turbines

After the US, now European Union (EU) Commission recently announced the launch of an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation. This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. They offered cheap turbines and generous finance which distorts the integrity of […]

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US-Based Avangrid & Europe’s Statkraft Ink Wind Power Deal

Avangrid, a sustainable energy company and member of the Iberdrola Group, and Statkraft, a Europe-based renewable energy firm, have announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States. According to a media statement from Avangrid, Statkraft will receive Renewable Energy Certificates (RECs) […]

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NTPC- REL Seeks Bids For 110 MW Wind Energy Project At Khavda

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of the NTPC Limited invited online bids from eligible bidders to supply and install wind turbines generators for ISTS-connected wind energy project with nominal capacity of 110 MW at Khavda RE Park. The document has single stage two envelope (i.e., Envelope-I: Techno-Commercial Bid and Envelope-II: […]

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