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wind turbine industry

China’s Green Ambitions can Complement Energy Security and Economic Goals: WoodMac

Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals. Faced with a fractured global trading system, China’s leadership has responded with ‘dual circulation’, an economic manifesto focusing on more secure supply chains, growing the domestic market and improving export competitiveness. At the same […]

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Coal Could Boom in India if Renewables Can’t Keep up With Growth: Rystad

A report by Rystad expects Coal in India to come back with a vengeance, growing by 43 percent to 1,523 TWh in 2037. Power generation from coal in India fell to a five-year low of “just” 1,064 terawatt-hours (TWh) in 2020 due to the COVID-19 induced slowdown. This was only a dip, however, as coal […]

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Vestas Ventures Invests in Wood Technology Startup Modvion

Vestas Ventures invests in wood technology start-up Modvion, to create sustainable products and low-carbon value chain Vestas, the global leader in sustainable energy solutions, has invested in Swedish wood technology company Modvion, in a move towards creating fully sustainable products and solutions, and reducing carbon emissions from our value chain. The investment sees Vestas becoming […]

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Siemens Gamesa Selected for 3.1 GW East Anglia Hub Offshore Project

SPR has selected Siemens Gamesa as the preferred bidder to supply and install offshore wind turbines at the GBP 6.5 billion East Anglia Hub. ScottishPower Renewables (SPR), a part of the Iberdrola Group, has selected Siemens Gamesa Renewable Energy (SGRE) as the preferred bidder to supply and install some of the world’s most powerful and […]

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Siemens Gamesa 5.X Platform Picks up Speed with 81 MW Move into Finland

Siemens Gamesa has struck an 81 MW deal with long-term customer Suomen Hyötytuuli Oy to supply its most powerful onshore wind turbine, the SG 5.8-155 model, marking a first take up of this new technology in Finland. In total, 14 turbines with a 155-meter rotor will be supplied to the Alajoki-Peuralinna site in central Finland, […]

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European Renewable PPA Market Could Exceed 10 GW in 2021: Report

The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […]

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2021: Counting On PSU’s To Flex Solar Muscles

Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […]

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Orsted, SGRE Consortium Receives Funding to Investigate Offshore Hydrogen Production

ITM Power, Ørsted, Siemens Gamesa Renewable Energy, and Element Energy have been awarded EUR 5 million in funding from The Fuel Cells and Hydrogen Joint Undertaking (FCH2-JU) under the European Commission to demonstrate and investigate a combined wind turbine and electrolyser system designed for operation in marine environments. The Fuel Cells and Hydrogen 2 Joint […]

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Vestas Closes 2020 With Orders Worth 900 MW Across Colombia, India and More

Vestas has announced nine new orders as it closed in 2020. Securing orders in Colombia, India, Italy, Spain and more for 898 MW wind capacity. One of the leading wind turbine suppliers globally – Vestas announced nine new orders as it closed in 2020. The firm has secured orders in Colombia, India, Italy, Spain and […]

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