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wind turbine industry

INOX Wind Hopes To Power Growth With Its 3MW Wind Turbines

Wind Turbine Manufacturer INOX Wind is now harping on its latest addition of production of 3 MW of wind turbines for increased revenues. The top management of the firm in its latest investors call talked in detail about the transition and the expected returns out of this. As per the management, the transition and the […]

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China Dominates Wind Installations in 2023, As 120.7 GW Is Added Globally

The latest report from Global Wind energy Council (GWEC) for 2024 found a total of 30 wind turbine manufacturers installed a record 120.7 GW of new capacity in 2023. In a year marked by continuing supply chain challenges and other issues, this was a huge achievement. Incidentally, 122 GW is the expected total wind capacity […]

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Global Wind Firm Vestas’ Revenue Plunges 5.2% YoY Amid ‘Geopolitical Volatility’

Global Wind Energy company Vestas has released its Q1 figures as it generated revenue of EUR 2,681million witnessing a decrease of 5.2 percent compared to the year-earlier period. Vestas also outlined that continued geopolitical volatility is expected to cause uncertainty in 2024 and that profitability should also continue to improve gradually but will still be […]

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US Department of Energy Allocates $48 Million For Offshore Wind Projects

The U.S. Department of Energy’s Wind Energy Technologies Office (WETO) announced it intends to issue a Funding Opportunity Announcement (FOA) entitled “Offshore Wind National and Regional Research and Development.” This opportunity will fund $48 million of projects that address several major areas of need for offshore wind, including accelerating research and development of offshore wind […]

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United States Plans Leasing Of 12 Offshore Wind Projects

The United States Secretary of the Interior Department Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management (BOEM) are anticipated in the Atlantic, Gulf of Mexico, Pacific, […]

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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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India To Have 122GW Installed Wind Capacity By 2032: GWEC Report

India is expected to more than double its onshore wind and solar PV capacity by 2028 and achieve its milestone of 50% non-fossil fuel generation before 2030, according to the Global Wind Report by the Global Wind Energy Council. As far as wind energy is concerned, the GWEC report shed light on the country’s wind […]

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DEME’s Offshore Vessel Completes Turbine Foundation Work In Scotland

Belgium-based offshore energy company, DEME’s flagship ‘Orion’ completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland. Despite harsh winter conditions, DEME swiftly installed 29 monopiles in approximately two months. Meanwhile, DEME’s DP2 jack-up vessel ‘Apollo’ is installing the transition pieces.  The Moray West offshore wind farm, developed by Ocean […]

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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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